Zynga Q4 2011: Revenue Tops With $311.2 Million, Strong Player Network Growth With 153 Million Monthly Unique Users

Posted on Feb 15 2012 - 6:19am by Editorial Staff

Social gaming giant Zynga released its Q4 2011 earnings – Zynga accounted the revenue coming in at $311.2 million for the fourth quarter of 2011, an increase of 59% compared to the fourth quarter of 2010. In terms of Diluted EPS, Zynga took s a loss ($1.22) for the fourth quarter of 2011 compared to $0.05 for the fourth quarter of 2010. Non-GAAP EPS was $0.05 for the fourth quarter of 2011 compared to $0.09 for the fourth quarter of 2010.

Founder and CEO Mark Pincus said, “2011 was another milestone year for Zynga’s mission of connecting the world through games. We are seeing social games and more broadly play become one of the most popular pastimes on web and mobile. Zynga set new records in the year in terms of audience size, revenues and bookings. We saw great momentum in mobile and advertising and ended the year with a strong pipeline of new games. We are excited about the opportunities in front of us to continue delighting our current players and to bring play to millions of new people.”

In terms of active users, Zynga reported Daily active users (DAUs) increased from 48 million in the fourth quarter of 2010 to 54 million in the fourth quarter of 2011, up 13%. Monthly active users (MAUs) increased from 195 million in the fourth quarter of 2010 to 240 million in the fourth quarter of 2011, up 23%. Monthly unique users (MUUs) increased from 111 million in the fourth quarter of 2010 to 153 million in the fourth quarter of 2011, up 38%.

The company also accounted Average daily bookings per average DAU (ABPU) increased from $0.055 in the fourth quarter of 2010 to $0.061 in the fourth quarter of 2011, up 11%. Monthly Unique Payers (MUPs) increased from 2.6 million in the third quarter of 2011 to 2.9 million in the fourth quarter of 2011, up 13%.

Zynga during 2011 launched 12 games, including 4 titles on web-based platforms and 8 titles on mobile platforms. As of December 31, 2011, Zynga had the top 5 most played games on Facebook, based on DAUs, including CastleVille, which launched in the fourth quarter of 2011 and reached 7 million DAUs in two weeks. Zynga saw strong growth from mobile games in Q4 primarily from titles Dream Zoo, Words with Friends and Zynga Poker. These three games were among the top 10 grossing games on the iOS platform during the quarter.

For the full year, Zynga says bookings were at a record level of $1.16 billion in 2011, an increase of 38% on a YOY basis. Revenue came in at $1.14 billion in 2011, an increase of 91% on a YOY basis. Online game revenue was $1.07 billion, an increase of 85% on a YOY basis. Advertising revenue was $74.5 million, an increase of 226% on a YOY basis. Non-GAAP net income was $182.5 million in 2011, a decrease of 24% YOY, which was due to the increased investment in developing new games.

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.