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Zynga posts record first quarter revenue of $404m

7th May 2020 1:04 pm GMT
SBTech

New York-listed social gaming giant Zynga has raised its full year 2020 guidance to $1.65bn in revenue after recording its best first quarter performance in its history.

With bookings climbing 18 per cent year-on-year to $425m in Q1, this helped drive a 52 per cent increase in revenue to a record $404m, benefiting from growth in its live services portfolio and higher levels of engagement from current, lapsed and new players.

Zynga enjoyed strong performance from its [...]

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