Revenue for the six months to June 30 amounted to $1.40bn, up from $855.4m in the first half of last year.
Zynga’s online games business was by far the primary source of income during the period, with revenue here reaching $1.14bn, an increase of 56.2% on 2020. Advertising and other revenue also shot up 108.5% to $256.3m.
Bookings for the half were also up 51.8% to $1.43bn, with mobile bookings rising 53.4% to $1.39bn and advertising bookings 109.7% to $256.2m.
Turning to costs and total expenses for the half were up 23.7% to $1.33bn, though the rise in revenue meant adjusted earnings before interest, tax, depreciation and amortization (EBITDA) was 114.3% higher at $296.8m.
Read the full story on iGB North America.
Original article: https://igamingbusiness.com/zynga-announced-acquisitions-as-it-returns-to-profit-in-first-half/
