Zynga Mobile Grew 15 Million Daily Active Users In December 2011

Must Read

Elon Musk Overtakes Bill Gates And Becomes the 2nd Richest Person in the World

It's been a good week for Elon Musk and his electrical vehicle business Tesla. Earlier this week,...

Google Pay Fee On Instant Transfer: An Indication Of Google’s Aggressive Monetisation Strategy?

Google has decided to levy fee on instant payment, starting from the US market.

Paytm Lawsuit Impact: TRAI Slaps Fine On Jio, Airtel, BSNL And Other Telcom Operators

The emergence of e-wallets brought along with itself a big uprise in notorious phishing scammers who prey...

Yesterday, Zynga—a social game developer—announced first time its quarterly earnings report as a pubic company. The company claimed that it had grown 15 million daily active users in December 2011. Among total daily active users, 2 million active mobile users were increased in December last year alone, while 5 million users had joined during the entire year of 2011. The company stated that they had 9.9 million daily active users for its mobile game in Q3 last year.

The last year was definitely outstanding for Zynga. The company’s three Games—Dream Zoo, Words with Friends, and Zynga Pocker—were among the best 10 grossing games on the iOS platform during Q4 last year. The company had launched five mobile games in Q4 last year, which includes Mafia Wars and ForestVille. In this way, Zynga launched eight mobiles games throughout the last year—Zynga mobile apps were averagely rated by 4.5 points out of 5 points in Apple apps store.

Zynga has beaten all the estimations in the Q4 last year, and has reportedly marked revenue of $311.2 million in Q4 of 2011, up by 59% compared to Q4 of 2010. However, Non-GAAP EPS of the company decreased to $0.05 in Q4 from $0.09 in Q4 of 2010. The company got net loss of $435 million in Q4 last year in terms of income, which included the expense of the stock-based compensation of $510 million. In contrary, the company’s Non-GAAP measures have broken a record—reached to $306.5 million—in Q4 2011, an increase of 26% compare to the same quarter a year ago. The online game revenue of the company reached to $283.9 million in Q4 last year which had increased by 51% than same quarter a year ago, whereas, ads revenue marked $27.3 million in Q4 2011—which had unprecedentedly grown by 230% than Q4 of 2010. However, non-GAAP’s net income decreased by 24% year-over-year from 2010 to $182.5 million in 2011 due to huge investment in new game development.

Advertisements

CEO and Founder of Zynga—Mark Pincus—said, “2011 was another milestone year for Zynga’s mission of connecting the world through games. We are seeing social games and more broadly play become one of the most popular pastimes on web and mobile. Zynga set new records in the year in terms of audience size, revenues and bookings. We saw great momentum in mobile and advertising and ended the year with a strong pipeline of new games. We are excited about the opportunities in front of us to continue delighting our current players and to bring play to millions of new people.”

Daily active users of Zynga were increased by 13% to 54 million in Q4 of 2011from the same quarter a year ago according to traffic and users statistics. The monthly users of the company also increased to 240 million in Q4 of 2011, up by 23% from 195 million in the same quarter a year ago. The company also said that it made total revenue of $1.14 billion in 2011, an increase of 91% year-over-year—online game revenue was $1.07 billion (85% increase year-over-year) and ads revenue was $74.5 million (226% increase year-over-year).

Anyway, Zynga has proven itself in the game segment last year—company’s three games were in top 10 grossing categories on iOS platform. The company’s Q4 report is highly satisfactorily, however, its Non-GAAP net income has decreased by 24% year-over-year—the company has invested more to develop better game lineups.

via: TechCrunch

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Microsoft 365: Corporate Privacy Invader Masked As A Collaboration Tool?

Microsoft 365, a line of online subscription services offered by Microsoft to better collaborate in your workspace,...

End Of Free Ride For Ola And Uber: GOI Sets New Rules For Cab Aggregators!

For long Ola and Uber have been enjoying the free ride on charging surge price from customers and paying low commission to...

Hundreds Of Email Accounts Of C-Level Executives Are Up For Sale, And It’s Scary!

The email accounts of numerous C-level executives around the world have been compromised and a threat actor is now selling their credentials...

Backed By First-Time Shoppers, Flipkart And Amazon Dominated Festive Online Sales in India

It seems like Flipkart and Amazon squeezed the most out of the month-long festive season in India as they have minted close...

Amazon Gets Slapped With Penalty As GOI Prepares To Tighten The Noose On Ecommerce Players!

In a recent move, the Indian Government slapped Amazon on its wrist for not mentioning the country of origin detail for products...

Facebook’s Past Comes Back To Bite As South Korea Fines Them For 2018 Scandal

The social media behemoth Facebook Inc. (NASDAQ:FB) has once again proved they are the true arch-nemesis of modern-day user-privacy!

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter,...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one...

More Articles Like This