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Earnings Results: Zynga tops earnings estimates as in-game ad revenue nearly doubles – Vested Daily

Earnings Results: Zynga tops earnings estimates as in-game ad revenue nearly doubles

November 8, 2021

Zynga Inc.’s quarterly results topped Wall Street estimates Monday, and the videogame publisher expects growing ad revenue, along with a new version of “Farmville,” to drive growth in 2022.

“Advertising has really picked up a lot of steam,” Zynga Chief Executive Frank Gibeau told MarketWatch in an interview.

While online gaming revenue rose…

This post was originally published on Market Watch