![]() Z2Live will be King’s first U.S.-based games studio it makes mobile games such as Battle Nations and Paradise Bay. ![]() ![]() King also announced that it had acquired Seattle-based gaming company Z2Live for $45 million in cash up front, with an additional $105 million promised if the company can meet certain goals. Crushing it since 2012 Share your Candy Crush stories They may be used in our. A little more than a year ago, it was 85 percent. King shares skyrocketed after hours, up more than 18 percent to $17.58 at the time of this writing.Īlthough Candy Crush is still the biggest single game in King’s portfolio, representing 45 percent of that revenue, three months ago that share was 51 percent. The company also raised its outlook for the current quarter, saying it expected sales between $575 million and $600 million, though it warned that the two following quarters would be softer. Profits were $184 million, or 57 cents per share, compared to an expected 47 cents.Ī one-time $300 million dividend will be paid out to shareholders in March, King said. The free-to-play gaming company turned in fourth-quarter sales of $586 million, versus the $520 million expected by the Street. ![]() Candy Crush Saga maker King beat Wall Street’s expectations in the quarter that ended in December, and said today that its best-known game no longer represents the majority of its revenue.
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