Online game or user-pay revenue was $538 million (-3% Y/Y), and user pay bookings were $528 million (-11% Y/Y). Advertising & other revenue was $154 million (+24% Y/Y), and advertising & other bookings were $167 million (+35% Y/Y).
DAUs were 40 million (+3% Y/Y), and MAUs were 209 million (+27% Y/Y). Mobile average bookings per mobile DAU (ABPU) of $0.190 were down 6% Y/Y.
Income from operations for the quarter was $15 million, compared to a loss of $(5.5) million a year ago.
EPS was $(0.02), below the consensus of $0.09.
Net cash used in operating activities was $(202.7) million, versus $(163.7) million in 1Q21.
Adjusted EBITDA was $144.4 million (+17.3% Y/Y) and the margin expanded by 280 bps to 20.9%.
Outlook: Zynga is not providing forward guidance due to the pending transaction with Take-Two Interactive Software (NASDAQ:TTWO). Take-Two shares are rising by 17% in the after-hours session to $124.20.
Price Action: ZNGA shares are trading lower by 2.08% at $7.53 during the post-market session on Monday.