Zynga revenues jump 46% amid more mobile gamers playing during lockdowns

Anne Freer | November 6, 2020

App Business

Zynga recorded a 46% rise in revenues to $503 million during the third quarter of 2020.

The game developer’s hit titles include FarmVille and Words with Friends.

During the same month, the company recorded an increase in daily active users of 53% to 31 million and monthly active users climbed 23% to 83 million.

The game maker saw a 59% increase in bookings to $628 million.

Game revenues were up 55% to $436 million while ad revenues climbed almost 6% to $67.3 million.

Part of the gains can be attributed to lockdowns and more people staying indoors and playing mobile games. Zynga attributed the growth to Toon Blast and Toy Blast.

The group warned that it would see losses of $92 million in the fourth quarter on revenues of $510 million.

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