Zynga (NASDAQ:ZNGA) outperformed expectations on both bookings and profitability in the first quarter under its new CEO Frank Gibeau. The online gaming company’s revenues increased 2% year-over-year (y-o-y) to $187 million in Q1 2016 (against average consensus estimates of $170 million) with Online Games contributing over 73% of the total.

Poker, Hit It Rich! slots and Wizard Of Oz slots generated about 50% of Zynga’s Online Games revenue in the first quarter this year, similar to the trend in Q4 2015. znga-15znga-11

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com

2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Zynga

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