Zynga posts first profitable year since 2010 following successful launch of Words With Friends 2

Zynga posts first profitable year since 2010 following successful launch of Words With Friends 2

Zynga has released its financials for the full year of its FY17 ending December 31st 2017.

The company posted revenues of $861.4 million, up 16% year-on-year. It also posted its first profitable year since 2010, with a net income of $26.6 million.

Mobile revenues for the fourth quarter of its FY17 came to $203.6 million, up 32% year-on-year. DAUs also climbed to 20 million during the quarter, up 24% year-on-year.

Everything's on the up

The launch of Words With Friends 2 was instrumental to Zynga's growth. The Words With Friends franchise saw mobile revenues grow 19% year-on-year following its launch, and had its best-performing quarter in its eight-year history.

CSR2 continued to go from strength to strength, with Q4 revenues growing 90% year-on-year. Zynga has expanded the game throughout 2017, most recently with a new AR mode to transform the game into a "petrolhead symbol app".

Zynga Poker also continues to do strong business and saw revenues grow 44% year-on-year in Q4. The company has expanded its card game offerings throughout 2017 with the purchase of Harpan's Solitaire games in March and Peak Games' card games in November.

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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