Saturday, April 27, 2024
News
NEWS HOME
»
PRESS RELEASES

Zynga Announces Second Quarter 2020 Financial Results
  SocialTwist Tell-a-Friend  
   


Date: 06-08-2020 10:55AM
Source: Zynga
Category: Business/ Finance, Financial Analyst & Investors, General, Entertainment, Internet, Information Technology, Events And Conferences, Technology, It & Tech
Location: San Francisco, United States

Business Wire India

Reports Highest Quarterly Revenue and Bookings in Zynga History

Generates Best Quarterly Operating Cash Flow in More Than Eight Years

Raises Full Year 2020 Revenue and Bookings Guidance

Zynga Inc. (Nasdaq: ZNGA) today released financial results for its second quarter ended June 30, 2020 by posting management’s Q2 2020 Quarterly Earnings Letter to its Investor Relations website. Please see the attached Quarterly Earnings Letter or visit http://investor.zynga.com/financial-information/quarterly-results to access the letter.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200805005297/en/

“We delivered tremendous results in Q2, achieving our highest quarterly revenue and bookings and generating Zynga’s best quarterly operating cash flow in more than eight years. We also executed our transformational acquisition of Peak and are now entering Q3 with eight forever franchises, adding significant scale to our live services foundation,” said Frank Gibeau, Chief Executive Officer of Zynga. “Additionally, we have entered into an agreement to acquire Istanbul-based Rollic, developer and publisher of a portfolio of popular hyper-casual games in one of the largest and fastest-growing mobile gaming categories.”

Zynga management will also host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today to discuss the company’s results. Questions may be asked on the call and Zynga will respond to as many questions as possible.

The conference call can be accessed at http://investor.zynga.com – a replay of which will be available through the website after the call – or via the below conference dial-in number:

  • Toll-Free Dial-In Number: (800) 537-0745
  • International Dial-In Number: (253) 237-1142
  • Conference ID: 5769759

About Zynga Inc.

Zynga is a global leader in interactive entertainment with a mission to connect the world through games. To date, more than one billion people have played Zynga’s franchises including CSR Racing™, Empires & Puzzles™, Merge Dragons!™, Merge Magic!™, Toon Blast™, Toy Blast™, Words With Friends™ and Zynga Poker™. Zynga’s games are available in more than 150 countries and are playable across social platforms and mobile devices worldwide. Founded in 2007, the company is headquartered in San Francisco with locations in the U.S., Canada, U.K., Ireland, India, Turkey and Finland. For more information, visit www.zynga.com or follow Zynga on Twitter, Instagram, Facebook or the Zynga blog.

Forward Looking Statements

This press release contains forward-looking statements, relating to, among other things, guidance projections for full year 2020 revenue and bookings and the acquisition of Rollic. Forward-looking statements often include words such as “outlook,” “projected,” “planned,” “intends,” “will,” “anticipate,” “believe,” “target,” “expect,” and statements in the future tense are generally forward-looking. The achievement or success of the matters covered by such forward-looking statements involves significant risks, uncertainties, and assumptions. Undue reliance should not be placed on such forward-looking statements, which are based on information available to us on the date hereof. We assume no obligation to update such statements. More information about these risks, uncertainties, and assumptions is or will be described in greater detail in our public filings with the Securities and Exchange Commission (the “SEC”), copies of which may be obtained by visiting our Investor Relations website at http://investor.zynga.com or the SEC’s website at www.sec.gov.

Editor’s Note

To download Zynga’s B-roll footage and key art for its games, please visit: https://bit.ly/ZyngaQ22020



CONTACTS :

Investor Relations:
Rebecca Lau
Investors@zynga.com

Press:
Sarah Ross
Sarah@zynga.com

More Press Releases

C3.ai Digital Transformation Institute Announces AI for Energy and Climate Security Grantees

Moody’s Launches Moody’s Moments Video Series Providing Insight into Corporate Strategy

IDEMIA Signs With Storstockholms Lokaltrafik “SL” to Launch the World’s First Ever Public Transport EMV White Label Cards

Celebrity Face: India's No.1 Platform for Aspiring Content Creators and Fans to Photoshoot with Top Celebrities

Tally Solutions Announces the First Edition of MSME Honours

Sourced from the Himalayan Regions, Moving to the Wonders of Australia - BOHECO Joins Hands with Spring Sciences Australia

Moneycontrol App's Monthly Active Users Six Times Larger Than Its Closest Competitor for May 2021 - Similarweb

Healthcare Cloud Unicorn, Innovaccer, Certified as a Great Place to Work® Company

The Nation Gears up for the First-ever Edition of National Poker Series, India

DXC Technology Welcomes Brenda Tsai as Chief Marketing and Communications Officer

Schlumberger New Energy and Panasonic Energy of North America Announce Strategic Collaboration on New Battery-Grade Lithium Production Process

Fashion Designer Sanjukta Dutta Contributes Towards the Vaccination Drive Held in Assam Under the Guidance of Honorable Chief Minister Dr. Hemanta Biswa Sarma

Western Union Accelerates Digital Money Movement for Postal Networks Worldwide

NMIMS School of Branding and Advertising Partners with 120 Media Collective and Advertising Standards Council of India

High-Touch Spectacles Now Made Virus Free by ZEISS DuraVision AntiVirus Platinum UV

IRM India Affiliate Announces Results for May 2021 Level-1 Examination

Wipro Annual Report 2021 on Form 20-F Available Online for ADS Holders

RSA Introduces Outseer, a Spinout of its Fraud & Risk Intelligence Unit, to Transform Customer Authentication and Accelerate Revenue for the Digital Economy

Abu Dhabi Based Tablez to Expand Upon Investment in India’s Toys Sector With Its Proprietary Brand

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
'Competing for appeasement, vote bank': ...
'Do not get swayed by any diversionary t...
Punjab police arrest 11 members of gangs...
Lok Sabha 2024 polls: Karnataka Dy CM Sh...
'Will this country run on Sharia?' Union...
HD Kumaraswamy levels coupons for vote c...
More...    
 
 Top Stories
DC Director of Cricket Sourav Gangu... 
Karnataka: Actor Darshan casts his ... 
Arctic University of Norway expands... 
PM Modi holds roadshow in Uttar Pra... 
Orissa High Court passes a landmark... 
Myanmar national arrested with hero... 
Maharashtra: Congress leader quits ... 
BJP is spreading false narrative ab...