Zynga Announces Q3 2012 Results: Revenue $316.6 Million, Loss $0.07 Per Share

Posted on Oct 24 2012 - 8:09pm by Editorial Staff

Zynga Zynga Announces Q3 Preliminary Financial Results, Reports Net Loss Of $90 Million And $105 Million

Zynga today announced third quarter 2012 results, ended September 2012. The company reported revenue of $317 million, up 3% year-over-year, nine months year-to-date revenue of $970 million, up 17% year-over-year while Q3 Bookings was $256 million, down 11% year-over-year, nine months year-to-date bookings of $886 million, up 4% year-over-year. The Q3 EPS was ($0.07), down from $0.00 in the third quarter of 2011, nine months year-to-date EPS of ($0.22), down from $0.00 in the first nine months of 2011. The non-GAAP EPS was $0.00, down from $0.04 in the third quarter of 2011, nine months year-to-date non-GAAP EPS of $0.06, down from $0.20 in the first nine months of 2011.

“While the last several months have been challenging for us, Zynga remains well positioned to capitalize on the growth of social gaming. We’re implementing a number of steps to drive long-term growth and profitability. The successful launches of FarmVille 2 and ChefVille in the third quarter demonstrate that when we develop great games, our large player audience engages. It’s more clear than ever that along with search, shop, and share, play is a fundamental pillar of the Internet, and Zynga continues to be the leader,” said Mark Pincus, CEO and Founder, Zynga.

Business Highlights:

  • Daily active users (DAUs) increased from 54 million in the third quarter of 2011 to 60 million in the third quarter of 2012, up 10% year-over-year.
  • Monthly active users (MAUs) increased from 227 million in the third quarter of 2011 to 311 million in the third quarter of 2012, up 37% year-over-year.
  • Monthly unique users (MUUs) increased from 152 million in the third quarter of 2011 to 177 million in the third quarter of 2012, up 17% year-over-year.
  • Average daily bookings per average DAU (ABPU) decreased from $0.058 in the third quarter of 2011 to $0.047 in the third quarter of 2012, down 19% year-over-year.
  • Monthly Unique Payers (MUPs) decreased from 4.1 million in the second quarter of 2012 to 3.0 million in the third quarter of 2012, down 28% sequentially, largely driven by Draw Something.
  • Zynga launched four games during the third quarter of 2012, including two titles.
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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.