Zynga Announces First Quarter 2022 Financial Results

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Zynga Inc. (NASDAQ: ZNGA) today released financial results for the fourth quarter and full year ended December 31, 2021.

“We delivered strong quarterly results ahead of guidance, including record Q3 revenue and bookings primarily driven by another standout quarter from Rollic’s hyper-casual portfolio,” said Frank Gibeau, Chief Executive Officer of Zynga.

The acquisition also expands Zynga’s international presence by establishing a new China-based studio with access to the region’s creative talent pool.

“Twelve years ago, FarmVille burst onto the gaming scene, creating a loyal following that has drawn over 700 million installs for the FarmVille series worldwide,” said Bernard Kim, President of Publishing at Zynga.

The FarmVille franchise has continued to roll out fresh new ways for players to experience the games, including FarmVille 2: Country Escape and FarmVille 2: Tropic Escape.

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Today, Zynga Inc. (Nasdaq: ZNGA), a global leader in interactive entertainment, announced that its magical Match-3 mobile game, Harry Potter: Puzzles & Spells, has launched the first-ever Club Challenge in-game event.

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“We are off to an excellent start in 2021 with record Q1 results driven by breakout performances from our live services, new games and hyper-casual portfolio,” said Frank Gibeau, CEO, Zynga

Zynga will acquire 100% of Chartboost for approximately $250 million in cash.