Zynga scores $5.1 million profit thanks to continued growth of Zynga Poker and its social slots

Zynga scores $5.1 million profit thanks to continued growth of Zynga Poker and its social slots

Zynga has released its financials for its Q2 FY17 for the three months ending June 30th 2017.

It posted revenues of $209.2 million, up 15% year-on-year. It has also managed to turn a profit, earning $5.1 million for the quarter, up $9.5 million year-on-year.

Breaking this down further, its mobile games business generated $179.9 million, up 33% year-on-year. Games now accounts for 86% of its overall business, up from 76% in Q2 FY16.

Zynga Poker continued to be one of the developer's biggest games, generating 21% of its overall mobile games revenues for the quarter. Revenues for the game were up 61% year-on-year and it maintained its DAUs quarter-on-quarter.

Everyone's a winner

CSR2 also saw some growth, with revenues up 14% quarter-on-quarter driven by partnerships with Lamborghini and film series Fast & Furious.

Overall, however, its Social Slots continued to be the top performer. The genre generated 29% of all Zynga's mobile games revenue, thanks primarily to Wizard of Oz Slots adding a new Tournament mode.

The company is also looking to leverage its other assets to retain profitability. It has entered a nine-year partnership with Airbnb to rent out around 287,000 square feet of its office space in San Francisco starting from March 2018.

Zynga's focus on its evergreen titles has helped improve its fortunes to no end, but it's also meant that the studio is setting a higher bar for its new releases. It most recently canned a soft-launched mobile take on Mafia Wars just three months after it was first released.

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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Mark Baladad
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