Zynga’s Q1 2013 earnings show a net income of $4.1 million, better than the $85.4 million loss a year earlier. At the same time, sales declined 18 percent to $264 million while bookings fell 30 percent to $230 million.
The social game company’s daily active users (DAUs) decreased 21 percent year-over-year, down from 65 million last year to 52 million in the first quarter of 2013 and also down 8 percent over last quarter. Monthly active users (MAUs) decreased from 292 million to 253 million and monthly unique users (MUUs) decreased 18 percent from 182 million to 150 million.
On the positive side of things, Zynga pointed to the results of FarmVille 2. “We are encouraged by the strong execution from our teams and the breakout hit performance of FarmVille 2, which captures the imagination of nearly 40 million players every month,” said Mark Pincus, CEO and Founder, Zynga. “2013 will continue to be a transition year as we face the challenging environment on the web and invest in developing the leading franchises and network across web and mobile platforms and offer our 253 million monthly players a connected experience that can follow them from work to school to home and anywhere in between.”
The company announced plans to shut down The Ville, Empires & Allies, Dream Zoo, and Zynga City to help control costs. Looking ahead, the company is anticipating the launch of the real money gambling titles ZyngaPlusPoker and ZyngaPlusCasino in the U.K. which Zynga says are “the first step toward realizing Zynga’s long-term vision of bringing players the next generation of real money games on multiple platforms in regulated markets.”
