American mobile game developer Zynga ended 2017 with positive financial indicators. The Words With Friends and CRS franchises helped the company to become a plus. This is stated in the company’s financial report for the 4th quarter and the whole of 2017.
The 4th quarter of 2017 largely determined the annual success of Zynga.
The company released Words With Friends 2 last November. The successful launch of the sequel helped the franchise achieve record revenue for the quarter, and the annual revenues of the Words With Friends series rose by 19%.
Zynga attributed the success of the title to the introduction of new social functions and game modes, which they had previously been asked by players.
The revenue of the CRS2 racing title in the 4th quarter increased by 90% compared to the same period last year.
As reported in Zynga, the driver of profitability was a game event based on the last part of the movie “Fast and Furious”, as well as a new multiplayer mode Relay Races.
In addition to the titles mentioned, the revenue from Zynga Poker mobile poker increased by 44% last year.
As a result, the company closed the year in the black on all fronts.
Zynga’s overall financial results for 2017:
- The company’s revenue is $861 million (+ 16% compared to last year)
- Net profit of 26.6 million (+ 500%, last year ended with a loss of $160 million). The company received 48% of this amount ($12.9 million) in the 4th quarter of 2017.
Source: Zynga financial report