Zynga -9.8% as revenue, users fall in Q2

• Zynga (ZNGA) is off 9.8% after hours as its Q2 earnings came to break-even as expected, but missed on revenues, and users continued to decline.
• Revenues fell 9% to $182M; online game revenue of $136M was down 16% Y/Y. Bookings came to $175M, flat Y/Y but down 4% sequentially.
• Average daily active users fell 15%: Average mobile DAUs were down 11% to 15M, and average Web DAUs down 28% to 3M.
• Average monthly active users dropped 26% to 61M. Of those, average mobile MAUs fell 23% to 49M while average Web MAUs dropped 37% to 12M.
• Average daily bookings per average DAUs grew 17% to $0.107. Average monthly unique payers were 0.9M of 50M monthly unique users, ending up as a payer conversion rate of 1.8% (up from year-ago 1.6%).
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• Press Release