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Take-Two to buy 'Farmville' creator Zynga for USD12.7B | Borneo Bulletin Online

Take-Two to buy 'Farmville' creator Zynga for USD12.7B | Borneo Bulletin Online
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Zynga dives on bleak bookings forecast, acquisition plans

Zynga dives on bleak bookings forecast, acquisition plans
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Zynga forecasts strong bookings for 2021 on 'Harry Potter' game boost


Hibbing, MN, USA / 93.9 WTBX
Feb 10, 2021 3:12 PM
(Reuters) - Zynga Inc on Wednesday forecast annual net bookings above Wall Street estimates, betting on the launch of its upcoming FarmVille game and strong in-game spending in its existing titles such as Harry Potter: Puzzles & Spells.
The company said it expects full-year net bookings - an indicator of future revenue - to be $2.8 billion, more than the $2.75 billion analysts were anticipating, according to Refinitiv IBES data.
Its outlook includes a full-year contribution from Rollic s titles Toon Blast and Toy Blast, initial sales of Puzzle Combat and FarmVille 3 set to launch in the first half of 2021, and the potential release of its first Star Wars game by the end of the year. ....

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