Zynga's Net Profits and Monthly Active Users Drop
Posted on Monday, November 7 @ 08:15:11 PST by Nicholas Tan
Net income fell 54% to $12.5 million in the third quarter, following already drop of 90% in the second quarter. Daily active users fell about five million, whereas monthly active users fell one million.
To counter hesitations by Wall Street investors interested in the company's recent IPO intensions, Zynga has showcased more than ten social and mobile game projects, especially CastleVillle which will launch in several weeks. This is also in an effort to validate its increased costs and the $114.8 million expenditure in the third quarter, including its tremendous payroll supporting a workforce of 1,500 employees.
Will Zynga recuperate or are its Facebook days numbered?
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.
comments powered by Disqus
Fallout 4: Nuka-World
Fallout 4 Nuka-World trailer. (1:47)
Divinity: Original Sin II
Divinity Original Sin II latest trailer. (1:03)
The Witcher 3: Wild Hunt
GAME OF THE YEAR Edition announcement. (0:30)
Dark Souls III: Ashes of Ariandel
Dark Souls III Ashes of Ariandel official trailer. (2:39)
South Park: The Fractured But Whole
Nosulus Rift Experience. (2:20)
|More On GameRevolution|