Zynga had a decent quarterly performance with broad-based strength in live services and advertising revenues. The company’s Rollic acquisition was a major contributor to the top-line as Rollic’s hyper-casual portfolio of games including Toon Blast, Harry Potter: Puzzles & Spells and Toy Blast was a significant contributor to bookings, user growth as well as advertising revenues. Zynga’s user pay bookings were $596 million, up 63% year over year. It is worth highlighting that the company’s averag ....
26 May 2021
Zynga Inc. - Investment Thesis, Key Drivers, Financial Forecasts & DCF Valuation
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Zynga Inc. - Investment Thesis, Key Drivers, Financial Forecasts & DCF Valuation
Zynga had a decent quarterly performance with broad-based strength in live services and advertising revenues. The company’s Rollic acquisition was a major contributor to the top-line as Rollic’s hyper-casual portfolio of games including Toon Blast, Harry Potter: Puzzles & Spells and Toy Blast was a significant contributor to bookings, user growth as well as advertising revenues. Zynga’s user pay bookings were $596 million, up 63% year over year. It is worth highlighting that the company’s averag ....