- Reports Highest Quarterly and Annual Revenue and Bookings in Zynga History
- Best Annual Operating Cash Flow since 2011 of $263 Million, up 56% year-over-year
- Strong Execution in 2019 Provides Momentum for Continued Growth in 2020
Zynga Inc. (Nasdaq: ZNGA) today released financial results for its fourth quarter and full year ended December 31, 2019 by posting management’s Q4 2019 Quarterly Earnings Letter to its Investor Relations website. Please see the attached Quarterly Earnings Letter or visit http://investor.zynga.com/financial-information/quarterly-results to access the letter.
“Our strong Q4 performance capped off an outstanding year for Zynga. Live services are the foundation of our multi-year growth strategy and were the primary driver of our highest-ever annual revenue and bookings,” said Frank Gibeau, Chief Executive Officer of Zynga. “Our momentum in 2019 has positioned us for continued growth in 2020. We expect to increase our live services portfolio from five to six forever franchises and have the potential to launch new titles in the second half of this year. To further accelerate growth, we see more opportunities to acquire talented teams and franchises around the globe.”Email This Post