Zynga on its way to reclaiming the throne at the top of mobile

Zynga Inc. today released its financial results for the fourth quarter and full year ending on 31 December 2018 by posting Q4 2018 Quarterly Earnings Management Letter to the Investor Relations website. Zynga Management will also hold a question and answer session at 2:00 pm. Pacific Time (5:00 pm Eastern Time) today to discuss the 2018 fourth and full quarterly performance of the Company. Questions can be asked by telephone, and Zynga will answer as many questions as possible.

Cellular revenue recorded $ 228 million, up 12 percent from the previous year, and 92 percent of Zynga's revenue for the quarter. Bookings for the quarter were $ 248 million, an increase of 26 percent over the same period last year. Cellular revenue and bookings are the highest in Zynga's history, setting two new quarterly records in the process. Best and Cheapest Zynga Chips For Sale - 5mmo.com.

Overall revenue for the financial year saw Zynga generate $ 907 million, a five percent increase YoY, while bookings entered at $ 970 million, a 15 percent increase YoY. Cellular revenue came in at $ 816 million, with cellular orders up 19% year on year by $ 883 million. And despite an 11 percent decline from $ 11 million from the previous year, Zynga still posted a second consecutive profitable year with revenue of $ 15 million.

Starting in November 2017, Zynga began making new acquisitions, such as buying the Top Game board and card games for $ 100 million. In May, Zynga also bought the maker of Merge Dragons Gram Games for $ 250 million, and then in December, he got 80 percent of Small Giant Games, maker of Empires & Puzzles, for $ 560 million.