Zynga Inc. (Nasdaq: ZNGA) is set to release its Q3 2020 financial results on November 4, 2020, at approximately 1:05 p.m. PT. A Quarterly Earnings Letter detailing results and future outlook will be available on their website. The company will also host a conference call at 2:00 p.m. PT to discuss results, where questions will be addressed. Investors can access the call via the website or through dial-in numbers provided in the release.
Zynga is recognized for its interactive entertainment, reaching over 1 billion players worldwide across various franchises.
Zynga has acquired 80% of Rollic, a mobile games developer based in Istanbul, for approximately $180 million. This strategic acquisition, effective October 1, 2020, marks Zynga's entry into the hyper-casual gaming sector, significantly expanding its audience and enhancing its advertising capabilities. Rollic, known for its popular games downloaded over 365 million times, will retain its leadership under CEO Burak Vardal and remain headquartered in Istanbul. Zynga plans to acquire the remaining 20% of Rollic over three years.
Zynga Inc. (Nasdaq: ZNGA) announced its second annual #WordsWithHope initiative in conjunction with Breast Cancer Awareness Month. This campaign encourages awareness about breast cancer screening and early detection, featuring influential personalities sharing their definitions of hope on Zynga’s social media. The initiative will run throughout October and aims to provide support to players affected by breast cancer. Zynga emphasizes the significance of community connection, especially during the challenges posed by COVID-19.