Zynga sees revenues rise to over $194 million as Zynga Poker sees huge boost

Zynga sees revenues rise to over $194 million as Zynga Poker sees huge boost

Zynga has posted its financials for its Q1 2017 for the three months ending March 31st 2017.

It saw revenues of $194.3 million for the quarter, up 4% year-on-year and 2% quarter-on-quarter. Its net loss was $9.5 million, an improvement over its $17.1 million loss in Q1 FY16 and $26 million loss in Q4 FY16.

Breaking out its games specifically, the company saw revenues of $161.6 million, up 19% year-on-year and 4% sequentially. Average DAUs also rose to 18 million, up 16% year-on-year and 17% quarter-on-quarter.

Roll the dice

Social casino continues to be Zynga's main source of revenue, with Zynga Poker alone generating 23% of its online game revenue. The game also saw revenues increase by 63% year-on-year for the quarter.

Its Slots franchise also continued to perform, generating 29% of the studio's online game revenue. However, Zynga's other perennial hit, Words With Friends, suffered a decline in revenue by 20% year-on-year.

NaturalMotion's titles remained stable sources of revenue, with the CSR Racing franchise alone bringing in 14% of Zynga's online game revenue. CSR 2 meanwhile continues to be the top grossing racing game in the US on iOS and Google Play.

Torstein Reil, NaturalMotion's CEO and co-founder, also announced his departure from the studio 15 years after he set it up. COO David Byrne will act as interim CEO until a replacement is found.

Deputy Editor

Ric has written for for as long as he can remember, and is now Deputy Editor. He likes trains.


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