Zynga CEO Frank Gibeau has been doing some victory laps in recent quarterly earnings calls. The maker of social mobile games like FarmVille, Merge Dragons, and Empires & Puzzles is back to strong growth.
For the third quarter ended September 30, Zynga reported its highest quarterly revenue and bookings in history ($345 million and $395 million, respectively), with mobile revenue up 54% from a year ago and mobile bookings up 64%. Profits took a small dip, but that was because Zynga had to pay out bigger bonuses to its acquired companies — Small Giant Games and Gram Games — because they hit their incentive targets for growth.
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