Zynga is a company that, shortly after going public, looks like a big loss for early investors. With a seemingly inevitable link to Facebook in the early days, thanks to the Farmville core title, what started with a $ 10 list rose to a peak of $ 14.69 after Facebook's IPO. The following years were not so good, with shares tumbling, relations with Facebook were cut off and the market, in general, became difficult. However, what had become slow, the turnaround that had been planned for the previous four years seemed to be happening. Driven by acquisitions and what is considered the 'Forever Franchise', where two were acquired last year, Zynga has posted revenues of $ 265 million, with a net booking of $ 359 million.
Zynga CEO Frank Gibeau said in an interview with GamesBeat that the company increased its full-year forecast for revenue by $ 50 million to $ 1.2 billion (up 32% from 2018), based on first quarter results. Much of it is due to the very strong performance of the newly acquired game, Merge! Dragons and Kingdom & Puzzles, as well as "forever franchises" in Zynga, or games that generate more than $ 100 million per year over a period of years.
"That is one of our best places," Gibeau said. "This is proof of direct service portfolio that we have a dynamic franchise. This is a very exciting time for us and we are preparing our products for the rest of the year with Game of Thrones Slots Casino and Puzzle Combat. "
The most profitable sector of Zynga is the stability of what Kim dubbed "the forever franchise," a large player-based game that the company will continue to support for the future. Kim refers to Words With Friends, CSR Racing, and Zynga Poker as examples. By acquiring Small Giant and Gram Games, Kim said Zynga had several new titles to add to the lineup. 777chips.com provides you inexpensive Facebook Poker Chips, such as Zynga Chips and Texas Hold'em Poker Chips. Enjoy the fast delivery of items at reasonable price.