ZYNGA COMPLETES FIRST HALF OF 2021, REPORTS STRONG Q2 RESULTS

KUALA LUMPUR, Aug 9 (Bernama) -- Zynga Inc has released financial results for its first quarter ending June 30, by posting management’s Q2 2021 Quarterly Earnings Letter to its Investor Relations website.

“We completed a strong first half of 2021, delivering Q2 results ahead of our guidance, including our best-ever Q2 revenue, bookings and operating cash flow,” said Zynga Chief Executive Officer, Frank Gibeau.

“Our multi-year strategy of growing our live services, launching new games and investing in global expansion continues to position Zynga for growth,” he added.

According to a statement, Zynga has delivered record Q2 operating cash flow of US$161 million, up 11 per cent year-over-year. (US$1 = RM4.223)

The company has also closed the acquisition of Chartboost, a leading mobile advertising and monetisation platform and announces agreement to acquire China-based StarLark, developer of Golf Rival.

Zynga is a global leader in interactive entertainment with a mission to connect the world through games.

More details at www.zynga.com.

-- BERNAMA