Revenue for the three months to September 30 reached $704.7 million, representing a significant increase of 40.0% compared to the revenue of $503.3 million in the third quarter of 2020.
Zynga reported strong growth in its core business segments, including an increase in revenue and user engagement.
In the gaming segment, Zynga experienced a surge in demand for its popular titles, resulting in higher sales and in-app purchases.
Additionally, the company’s advertising segment showed significant growth as businesses increased their digital advertising budgets.
Revenue from online games or user pay revenue increased by 31.0% year-on-year to $571.1m, mainly due to a change in deferred revenue.
Financial revenue surged by 98.5% to $133.6 million.
List of financial revenue:
- Advertising revenue: $133.6 million
Zynga’s strong financial performance can be attributed to the successful addition of Rollic’s hyper-casual portfolio, which led to significant growth in the company’s revenue.
This growth can be observed in both the increased user engagement and higher returns generated by these new additions to Zynga’s game offerings.
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