Zynga recently reported the results of Q1 2019, and the top line saw strong growth led by several newly acquired games. This note details the company's Q1 performance, and Trefis's forecast for the full year 2019. You can see our interactive dashboard analysis ~ How is Zynga Fare in Q1, and What Can We Expect From the Full Year 2019? for more details on the key drivers of the company's expected performance.
Earnings totaled $ 265 million for the quarter, with bookings of $ 359 million. Cellular income was $ 246 million, up 35%, and cell orders were $ 341 million, up 77%. Cellular now accounts for 93% of revenue and 95% of complete bookings, with a desktop internet account for the rest. In addition, if you are in need of Cheap Zynga Poker Chips, you can visit our website 777chips.com.
Analysts had anticipated earnings of $ 240 million and orders of $ 359 million, with earnings per share of 5 cents. Zynga blew earnings figures and previous orders. But the company needed to pay a large bonus to the acquired company, the Gram Video game and the Small Big Video game, which pushed it to a deeper loss than previously thought.
In addition, Zynga has signed several agreements to develop and publish titles based on Game of Thrones and Harry Potter. Adding to these titles, the company hopes to rejuvenate a number of their own IPs. In the pipeline are IP based titles such as Farmville and Puzzle Combat. Additional content is also planned for the title 'Forever', which aims to engage current viewers and attract new and past people. One example is CSR Racing, which follows a partnership with Universal that will feature events titled Fast & Furious.