'Dragons' drive Zynga's third quarter, 'GoT' casino game boosts forecast [Reuters (UK)]
Zynga Inc. - Class A (ZNGA)
Last zynga inc. - class a earnings: 2/5 04:05 pm
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Source: Reuters
'Dragons' drive Zynga's third quarter, 'GoT' casino game boosts forecast - Reuters 2 Min Read (Reuters) - Zynga Inc topped Wall Street estimates for quarterly bookings on Wednesday, driven by continued strength of its acquired mobile titles “Empires & Puzzles” and “Merge Dragons!”. The FarmVille-maker also forecast current-quarter bookings above expectations, boosted by the initial success of its recent social casino title “Game of Thrones Slots Casino” and the sequel to its adventure puzzle game “Merge Magic!”. Bookings, an important metric indicating future revenue, include the sales of virtual goods such as currency and lives. In a bid to expand its games portfolio, the company has struck deals with studios to publish games based on popular franchises, including Harry Potter and Star Wars. The mobile game-maker reported bookings of $395 million for the third-quarter ended Sept. 30, above analysts’ average estimate of $384.4 million, according to IBES data from Refinitiv. It forecas
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