Zynga is shifting gears from its “fix it” mode to “grow it” mode as the company reported strong earnings results for the third quarter ended September 30, said Frank Gibeau, CEO of Zynga, in an interview with GamesBeat.
The San Francisco social mobile game company reported that revenue at $233.2 million was up 4 percent and bookings at $248.9 million were up 17 percent from a year earlier. Mobile revenues were up 9 percent, and mobile bookings were up 23 percent. The mobile numbers are a better reflection of where Zynga’s emphasis is, as its legacy Facebook desktop games business has been in decline for years now.
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