Zynga reports revenues of $705m

Finance News

Zynga pulled in $705 million in revenue in the third quarter, which beats the $665 million expectation. What’s more, Zynga also provided guidance for the next quarter. Year-over-year from 2020 to 2021, Zynga is expecting a total revenue increase of 41%.

“We delivered strong quarterly results ahead of guidance, including record Q3 revenue and bookings primarily driven by another standout quarter from Rollic’s hyper-casual portfolio,” said Frank Gibeau, Chief Executive Officer of Zynga.

“Today, we are raising our full year 2021 guidance and are on track to finish the year with Zynga’s best-ever annual topline performance and the largest mobile audience in the company’s history. We are well positioned for 2022 and beyond with multiple growth catalysts in place to drive our continued expansion.”