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Zynga Q2 2019 fiscal report has revealed its best ever mobile revenue and bookings

Zynga’s financial turnaround and transition to become a full-on mobile publisher would appear to be complete, as the company’s second quarter fiscal report has revealed its best ever mobile revenue and bookings since Zynga was founded in 2007. In Q2, Zynga easily beat guidance with total revenue of $306 million, with mobile generating $287 million, up 49% year-over-year. Mobile bookings came in at $358 million, up 69% year-over-year. Mobile accounted for 94% of total revenue versus 89% a year ago and 95% of total bookings versus 90% in Q2 2018.

All the year-over-year increases aside, Zynga still posted a net loss of $56 million as the company continues to recover from the acquisitions of Merge Dragons studio Gram Games and Empires & Puzzles studio Small Giant last year. In its Q1 financials, it noted that this was due to an increase in the contingent consideration for these acquisitions as their games performed better than expected.

Empires & Puzzles is benefiting from that more than any other game. Zynga tries to update it weekly with new content or in-game events, and that keeps players engaged and interacting with their friends. Empires & Puzzles accounted for $84 million of the company’s $310 million in online game bookings.

The weakest part of the video game developer's earnings release was its unimpressive daily active user (DAU) growth and a decline for monthly active users (MAUs) compared with the prior-year period. However, these trends appear less concerning in light of increases for the company's full-year bookings and revenue guidance and confirmation that additional acquisitions are likely on the way.

Given the success of the second quarter, it’s likely that Zynga will continue to focus on releasing more new titles than it has in previous years while continuing to engage users with its longtime franchises. This should help compensate for the MAU and DAU trends, which can be offset by a highly engaged player base and efficient monetization. Moreover, 5mmo.com provides Cheap Texas Holdem Poker Chips for players. As an online in-game currency store for many years, we’ve received great reputation for our reliable service.
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