Mobile games are consolidating, and that could be good news for Zynga.
News & Analysis: Zynga
The analyst believes strong sales growth plus new games should equal better profits for Zynga going forward.
ZNGA earnings call for the period ending June 30, 2019.
The video-game company kept its expectations-beating streak alive with its second-quarter earnings release.
Snap and Zynga reinvent the battle royale genre with a “bite-sized” game on Snapchat.
A solid earnings report and evidence of successful acquisitions helped the video game company significantly outperform the market last month.
That's far more than the company has ever made selling mobile games.
Zynga is trading at its highest level in nearly seven years, and analysts are juicing up their price targets on the stock.
ZNGA earnings call for the period ending March 31, 2019.
Despite declines for franchises like "Words With Friends" and "Zynga Poker," the game publisher appears to be on the right track.