Candy Crush Saga developer King has released its earnings report for the second fiscal quarter, which ended June 30, 2015.
Revenue dropped 18 percent year-over-year to $490 million, while profits fell 28 percent to $165 million. The main reason for the fall was lower-than-expected revenue from Candy Crush Saga.
"Our second quarter 2015 gross bookings exceeded the high end of our guidance range and for the third consecutive quarter, Candy Crush Saga, Candy Crush Soda Saga and Farm Heroes Saga ranked within the top 10 grossing games in the Apple App Store and Google Play Store in the US," said King CEO Riccardo Zacconi.
"These results reflect our execution on delivering new content and features in our franchise games and demonstrate the continued benefits from operating global mobile game franchises and the strength of their brands."
Monthly active users dropped nine percent quarter-over-quarter to 501 million, while daily active users fell 10 percent to 142 million.
Source:
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