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Zynga remains loss-making but revenues and bookings increase in Q4 2016

Zynga remains loss-making but revenues and bookings increase in Q4 2016

Zynga (NASDAQ:ZNGA) has released its financials for its Q4 2016 for the three months ending December 31st 2016.

It posted revenues of $190.5 million, up 3% year-on-year and 4% sequentially. However, it made a loss of $35.4 million for the quarter, an improvement of 15% sequentially.

Revenues for the whole of 2016 came in at $741.4 million, down 3% year-on-year. Net loss for 2016 was $108.2 million, an improvement of 11% year-on-year.

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Mobile revenues for Q4 accounted for 81% of all revenue, generating $154.7 million, up 20% year-on-year and 6% sequentially.

Breaking this down further, Zynga identified that Zynga Poker, Hit It Rich! Slots and Wizard of Oz Slots accounted for 20%, 11% and 10% of its online game revenue for the quarter.

Zynga also noted that the release of Dawn of Titans helped increase bookings for the quarter, and CSR Racing 2 was a key driver in bookings for the year as a whole. It expects both games to be long-running titles for the company.


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Ric is the Editor of PocketGamer.biz, having started out as a Staff Writer on the site back in 2015. He received an honourable mention in both the MCV and Develop 30 Under 30 lists in 2016 and refuses to let anyone forget about it.

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