Egbert points to healthy Canadian/Australian soft launches as a reason to be optimistic about Country Escape, the first title for Zynga's most lucrative franchise to launch on mobile. He thinks it could be be a top-20 grossing mobile app following its Q2 U.S. launch.
Egbert also expects Zynga to start post Q/Q bookings and DAU growth after many quarters of huge declines (the NaturalMotion deal should provide a lift), and thinks its will exit 2014 with 50% Y/Y organic bookings growth.
Zynga is counting on Country Escape to halt FarmVille 2's big share losses. AppData estimates the game has lost nearly half of the 8M Facebook DAUs it had in March 2013. Over the same time, Candy Crush Saga (KING -3%) more than doubled its Facebook app DAU share to 15.8% from 7.3% (in spite of recent softness).
Zynga is higher thanks to the upgrade and yesterday's CFO change announcement.