Friday 6 November 2020

Zynga makes available third quarter 2020 financial results

KUALA LUMPUR, Nov 5 -- Zynga Inc has released financial results for its third quarter ended Sept 30, by posting management’s Q3 2020 Quarterly Earnings Letter on its Investor Relations website.

“We delivered strong results in Q3, ahead of guidance across all key financial measures, including our highest ever quarterly revenue and bookings and best Q3 operating cash flow,” said Zynga Chief Executive Officer, Frank Gibeau.

“Execution of our multi-year growth strategy has driven our tremendous results to date and generated positive momentum across our live services and overall business.

“Extending our strength in live services, we recently launched one of our key franchises Harry Potter: Puzzles & Spells to global fanfare and positive player reviews and closed our acquisition of Rollic on Oct 1 – marking our entry into the high-growth, hyper-casual games category.

“Today, we are raising our full year 2020 guidance and are uniquely positioned to be an interactive entertainment growth leader in 2021 and beyond.”

Zynga is a global leader in interactive entertainment with a mission to connect the world through games. Zynga’s games are available in more than 150 countries and are playable across social platforms and mobile devices worldwide. More details at www.zynga.com.

-- BERNAMA

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