Zynga Inc (ZNGA)

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ZNGA: COLLABORATING WITH HASBRO, ZNGA MORE MOBILE GAME REVENUE THAN EA


ZNGA NOW GENERATES MORE MOBILE GAME REVENUE THAN EA, DID YOU KNOW?

Electronic Arts Inc.
NASDAQ: EA - Mar 16, 9:33 AM EDT
$91.30 USD
Source: https://www.google.com/#q=ea+ticker+symbol&*


ZYNGA COLLABORATING WITH HASBRO…

DURING ITS Q4 PERIOD, ZYNGA GENERATED MORE MOBILE REVENUE THAN EA MOBILE.

THIS IS INTERESTING BECAUSE IT SHOWS ZYNGA’S MOBILE GROWTH HAS BEEN STRONG FOR MORE THAN JUST 2016.
IT’S ACTUALLY THE THIRD TIME ZYNGA’S QUARTERLY REVENUES HAVE BEEN HIGHER THAN EA MOBILE’S.

MORE RECENTLY NEW TRENDS HAVE DEVELOPED.
PERHAPS THE MOST SIGNIFICANT IS ZYNGA’S STRONGLY GROWING MOBILE REVENUE.
FY16 GAAP SALES WERE $575 MILLION, UP 18% COMPARED TO FY15.

MARCH 16, 2017 09:00 ET | SOURCE: ZYNGA INC., ZYNGA LAUNCHES BOGGLE WITH FRIENDS WORLDWIDE,DEVELOPED IN COLLABORATION WITH HASBRO, INC., (NASDAQ:HAS)
FOR THE FIRST TIME EVER IN A BOGGLE MOBILE GAME, PLAYERS CAN COMPETE IN HEAD-TO-HEAD LIVE TOURNAMENTS AND LIGHTNING FAST SINGLE ROUND TOURNAMENTS TO SHOW OFF THEIR WORDIE SKILLS AND EARN REWARDS AND ADVANTAGES ALONG THE WAY.
FOR PLAYERS LOOKING TO SHARPEN THEIR WORD SKILLS, A FAST-PACED SOLO PLAY MODE



DATA & RESEARCH
DID YOU KNOW ZYNGA NOW GENERATES MORE MOBILE GAME REVENUE THAN EA?


COMPANIES
• EA MOBILE
• ZYNGA
MARCH 16TH, 2017 - 10:00AM
BY JON JORDAN, CONTRIBUTING EDITOR

Zynga’s narrative is heavily influenced by some historic facts.
A disastrous IPO, bottom-dwelling stock price, high turnover of CEOs, Mark Pincus’ 66% control of voting shares, continuously loss-making.
All true, but MORE RECENTLY NEW TRENDS HAVE DEVELOPED.
PERHAPS THE MOST SIGNIFICANT IS ZYNGA’S STRONGLY GROWING MOBILE REVENUE.
FY16 GAAP SALES WERE $575 MILLION, UP 18% COMPARED TO FY15.
Indeed, one surprising outcome is THAT DURING ITS Q4 PERIOD, ZYNGA GENERATED MORE MOBILE REVENUE THAN EA MOBILE.
Zynga posted revenues of $155 million while EA Mobile hit $148 million.
(Note EA’s financial year ends March 31st so the calendar period October 1st to December 31st is its Q3, whereas this period is Zynga’s Q4.)
Neck-and-neck
The comparison is symbolic, of course.
EA Mobile and Zynga aren’t direct competitors.
But given EA Mobile’s strong growth over recent years, especially in 2016 - see The rise and rise of EA’s 'very profitable' $600 million mobile business - Zynga’s performance is all-the-more impressive.
Zynga and EA Mobile GAAP mobile revenue over the past 11 quarters
Looking at this graph, we can see IT’S ACTUALLY THE THIRD TIME ZYNGA’S QUARTERLY REVENUES HAVE BEEN HIGHER THAN EA MOBILE’S.

IT ALSO OCCURRED DURING ZYNGA’S FY15 Q3 AND Q4 (EA’S FY16 Q2 AND Q3).


THIS IS INTERESTING BECAUSE IT SHOWS ZYNGA’S MOBILE GROWTH HAS BEEN STRONG FOR MORE THAN JUST 2016. As an aside, the reason EA Mobile strongly increased its sales in early 2016 was the success of Star Wars: Galaxy of Heroes. The top 10 grossing game was released in November 2015.
AS FOR THE GROWTH IN ZYNGA’S MOBILE GAME REVENUE, IT’S MAINLY DUE TO THE COMPANY’S CONTINUED STRENGTH IN SOCIAL CASINO GAMES SUCH AS ZYNGA POKER AND WIZARD OF OZ SLOTS.
CSR RACING 2 LAUNCHED SOLIDLY, GENERATING $18M IN SIX MONTHS.

Also, strategy game Empires & Allies has performed well since its May 2015 release, while more recently CSR Racing 2 launched solidly, generating $18 million in the six months following its June 30th 2016 release.

GOING DEEPER

Despite this analysis, purists may argue bookings not GAAP revenue is a better comparison between the two companies.

This is an accounting argument. GAAP revenue follows US regulations about how companies can account for sales that have been paid for but for which services haven’t been supplied - so-called deferred revenue.

This is important for free-to-play games in which players can spend money on consumables and permanent items, which are accounted over different time periods.

However, even considering non-GAAP revenues (or bookings), Zynga and EA Mobile run neck and neck.

Zynga’s FY16 Q4 bookings were $167 million compared to EA Mobile’s $175 million, but in Q3 Zynga’s bookings were $162 million compared to EA Mobile’s $138 million.

SIGNAL TO NOISE

Another way of considering the two companies' mobile revenues is using Trailing 12 Months (TTM) figures.

This simply combines the previous four quarters revenue to create a total for the past year and hence smoothing out any quarterly noise.

From the graph below of TTM GAAP revenue, we can see EA Mobile has always been ahead of Zynga, but that the gap is slowly closing.

Zynga and EA Mobile's TTM GAAP mobile revenue for the past seven quarters

From the past quarter EA Mobile was $53 million ahead with TTM of $613 million, but in the quarter before the gap was $67 million.
But to conclude, as previously stated, the comparison between the two companies is symbolic. BOTH ARE GROWING THEIR MOBILE BUSINESS AT DOUBLE DIGIT ANNUAL RATES.
ONLY ONE HAS A STRONG NARRATIVE OF GROWTH, WHILE THE OTHER’S RELATIVE SUCCESS HASN’T BEEN FULLY APPRECIATED.

Source:

www.pocketgamer.biz/data-and-research/65293/zynga-vs-ea-mobile/





HOT STOCK TO WATCH: ZYNGA, INC. (NASDAQ:ZNGA)
BY
PAIGE
-
MARCH 14, 2017


Zynga, Inc. (NASDAQ:ZNGA)
MIZUHO INITIATES COVERAGE ON ZYNGA, INC. (NASDAQ:ZNGA)’S STOCK TO BUY with the price target of $3.5. This rating was issued on 12/23/16. The stock recently closed its previous session at $2.81 by showing a percentage change of -0.35% from its previous day closing price of $2.82.
Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.
Several investment firms issued their expert ratings on Zynga, Inc. (NASDAQ:ZNGA) in which COWEN & CO. UPGRADES ZYNGA, INC. (NASDAQ:ZNGA) TO OUTPERFORM WITH NO SPECIFIC PRICE TARGET on 8/03/16. UBS Maintains the stock to Buy on 2/11/16 by stationing a price target of $3. Credit Suisse Maintains the company’s stock to Underperform on 2/11/16 by setting a price target of $2.9. OPPENHEIMER INITIATES COVERAGE ON ZYNGA, INC. (NASDAQ:ZNGA) TO PERFORM WITH NO SPECIFIC PRICE TARGET.
Zynga, Inc. (NASDAQ:ZNGA) currently has a consensus Price Target of $3.32. While some analysts have a High Price target for the stock of $5 and a Low Price Target of $2.7.
SEVERAL SELL SIDE ANALYSTS REVIEWED THEIR RECOMMENDATIONS ON ZYNGA, INC. (NASDAQ:ZNGA) WHERE 2 ANALYST HAVE RATED THE STOCK AS STRONG BUY, 4 ANALYSTS SAID IT’S A BUY, 8 RATED THE STOCK AS HOLD, 3 ANALYSTS REPORTED UNDERPERFORM AND 0 ANALYSTS GAVE THEIR RECOMMENDATIONS AS SELL. (Current Month Yahoo Finance Ratings)
Zacks Investment Research also rated the stock with a value of 2.22. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell…

Source:

https://hugopress.com/2017/03/14/hot-stock-to-watch-zynga-inc-nasdaqznga/






GLOBENEWSWIRE.COM

GRAB YOUR WORD DICE! ZYNGA LAUNCHES BOGGLE WITH FRIENDS WORLDWIDE
EXCITING MOBILE EXPERIENCE BRINGS A FRESH TWIST TO THE CLASSIC WORD PUZZLE GAME



MARCH 16, 2017 09:00 ET | SOURCE: ZYNGA INC.
PHOTO-RELEASE
BOGGLE WITH FRIENDS

Boggle With Friends
ZYNGA INC.
SAN FRANCISCO, March 16, 2017 (GLOBE NEWSWIRE) -- Zynga (Nasdaq:ZNGA), a leading social game developer, today announced the launch of Boggle With Friends, the company’s latest addition to their With Friends games collection, which includes Words With Friends, one of the world’s most popular word games. DEVELOPED IN COLLABORATION WITH HASBRO, INC., (NASDAQ:HAS), the free-to-play game is available today on the App Store for iPhone and iPad and on Google Play for Android devices.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a5357dc4-76d3-4222-9952-b56cffb18baf
“BOGGLE IS AN ICONIC, FAMILY FAVORITE BRAND SPANNING GENERATIONS AND GEOGRAPHIES, AND WE’RE EXCITED TO INTRODUCE BOGGLE WITH FRIENDS TO WORD FANS EVERYWHERE,” SAID SCOTT KOENIGSBERG, SENIOR VICE PRESIDENT OF CASUAL GAMES AT ZYNGA. “BOGGLE WITH FRIENDS REIMAGINES EVERYONE’S FAVORITE CLASSIC GAME WITH INNOVATIVE MATCHING WORD PLAY, DYNAMIC THEMES AND BRAND-NEW SOCIAL FEATURES. As a part of Zynga’s family of word and puzzle games, including one of the world’s most popular word games, Words With Friends, Boggle With Friends gives players a whole new way to socialize with one of the most beloved puzzle games of all time.”
From the team who brought Words With Friends to hundreds of millions of players around the globe, Boggle With Friends blends the fun of the original BOGGLE game with new, puzzling twists. As players spell and match their way through the game, they can chat and challenge with family and friends in their quest to find words and earn bragging rights.

FOR THE FIRST TIME EVER IN A BOGGLE MOBILE GAME, PLAYERS CAN COMPETE IN HEAD-TO-HEAD LIVE TOURNAMENTS AND LIGHTNING FAST SINGLE ROUND TOURNAMENTS TO SHOW OFF THEIR WORDIE SKILLS AND EARN REWARDS AND ADVANTAGES ALONG THE WAY.
“We are thrilled to team up with Zynga to bring Boggle With Friends to fans globally,” said Mark Blecher, Senior Vice President of Digital Gaming and Corporate Development at Hasbro. “This exciting mobile experience gives fans a dynamic and social way to enjoy the BOGGLE game that is competitive, challenging and fun.”
FOR PLAYERS LOOKING TO SHARPEN THEIR WORD SKILLS, A FAST-PACED SOLO PLAY MODE allows BOGGLE fans to climb the rankings ladder through new themes and challenges, all while preparing for their next live match. With the ability to demonstrate their word prowess even in offline mode, players can now experience the fun of BOGGLE anytime and anywhere.
Boggle With Friends is the latest addition to Zynga’s portfolio of word and puzzle games, joining the pop culture favorite, Words With Friends. Launched in 2009, Words With Friends has been installed more than 200 million times and is one of the App Store's Top 10 free games of all time. An estimated 55 million active Words With Friends matches are played around the world at any moment, and more than 75 million words are played every day.
Boggle With Friends is available to download for free today on the App Store and Google Play. For more information about Boggle With Friends, visit the game’s community channels on and .
Boggle is a trademark of Hasbro and is used with permission. © 2017 Hasbro. All Rights Reserved. Licensed by Hasbro.
Game logo and images can be found here: https://zynga.box.com/s/2mjt3tgkso8d075npldqo4vpmd5cwxnt

ABOUT ZYNGA INC.

SINCE ITS FOUNDING IN 2007, ZYNGA'S MISSION HAS BEEN TO CONNECT THE WORLD THROUGH GAMES. TO-DATE, MORE THAN 1 BILLION PEOPLE HAVE PLAYED ZYNGA'S GAMES ACROSS WEB AND MOBILE, including FarmVille, Zynga Poker, Words With Friends, Hit it Rich! Slots and CSR Racing. Zynga's games are available on a number of global platforms including Apple iOS, Google Android, Facebook and Zynga.com. The company is headquartered in San Francisco, Calif., and has additional offices in the U.S., Canada, Finland, U.K., Ireland and India. Learn more about Zynga at http://blog.zynga.com or follow us on Twitter and Facebook.

ABOUT HASBRO

HASBRO (NASDAQ:HAS) IS A GLOBAL PLAY AND ENTERTAINMENT COMPANY COMMITTED TO CREATING THE WORLD'S BEST PLAY EXPERIENCES. From toys and games to television, movies, digital gaming and consumer products, Hasbro offers a variety of ways for audiences to experience its iconic brands, including NERF, MY LITTLE PONY, TRANSFORMERS, PLAY-DOH, MONOPOLY, LITTLEST PET SHOP and MAGIC: THE GATHERING, as well as premier partner brands. The Company's Hasbro Studios and its film label, Allspark Pictures, are building its brands globally through great storytelling and content on all screens. Through its commitment to corporate social responsibility and philanthropy, Hasbro is helping to make the world a better place for children and their families. Learn more at www.hasbro.com, and follow us on Twitter (@Hasbro & @HasbroNews) and Instagram (@Hasbro).

Source:
http://www.globenewswire.com/news-release/2017/03/16/940170/0/en/Grab-Your-Word-Dice-Zynga-Launches-Boggle-With-Friends-Worldwide.html