Zynga's Q3: Mobile growth, but slippage in active users
Nov. 02, 2016 4:37 PM ETTake-Two Interactive Software, Inc. (TTWO)TTWOBy: Jason Aycock, SA News Editor9 Comments
- In operational results from its Q3 earnings, Zynga (ZNGA, now down 3.3% after hours) saw mobile revenue growing but daily active users on the decline.
- Mobile revenue of $145.9M grew 16%, and made up 80% of overall revenue, while mobile bookings of $162.3M were up 34% Y/Y and made up 83% of overall bookings.
- Average daily active users fell 3%, to 18M; of those, mobile DAUs rose 1% and Web DAUs fell 21%. Average monthly active users fell 13% to 66M. Of those, mobile MAUs were down 9% and Web MAUs down 29%.
- Average daily bookings per average DAU rose 16%, to $0.116. Payer conversion was 2.3% (57M monthly unique users and 1.3M monthly unique payers, up 12% and 48% respectively).
- Games' contribution to revenue: Zynga Poker, 19%; Wizard of Oz Slots, 12%; Hit It Rich! Slots, 12%; FarmVille 2, 11%. "Apple and Google continue to be our two largest platform partners for online game bookings."
- Previously: Zynga falls 5% after offering light earnings guidance (Nov. 02 2016)
- Previously: Zynga EPS of -$0.05 (Nov. 02 2016)