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Potential Profits Continue to Grow at a Rapid Pace for Mobile Gaming Industry as Consumers Race to the Newest Products - Company Sees Over 300% Growth in Revenues


News provided by

FN Media Group LLC

Apr 23, 2015, 08:25 ET

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CORAL SPRINGS, Florida, April 23, 2015 /PRNewswire/ --

The mobile gaming industry landscape is changing rapidly as more and more developers and gaming companies spend large amount of capital on development as well as marketing to cement their positions in the industry while realizing increasing revenue potentials. Leading Gaming Companies in focus today are:  Tapinator, Inc. (OTC: TAPM), Electronic Arts Inc. (NASDAQ: EA), Zynga. Inc. (NASDAQ: ZNGA), Glu Mobile, Inc. (NASDAQ: GLUU) and Activision Blizzard, Inc. (NASDAQ: ATVI)

Tapinator, Inc. (OTC: TAPM), a global developer and publisher of mobile games on the iOS, Google Play, and Amazon platforms, preannounced today its record revenue results for the first quarter of 2015.   First Quarter 2015 Unaudited Revenue Highlights:

- Q1 2015 revenue more than tripled compared to the same period a year ago, from $96k to $411k

- Q1 2015 revenue represents an 11% increase over seasonally strong Q4 2014

- Q1 2015 marks the fourth straight quarter of sequential quarterly revenue growth

Read the full TAPM press release at http://www.financialnewsmedia.com/profiles/tapm.html

Moreover, from a profitability standpoint, excluding the one-time impairment loss in Q3 2014, the company has generated net profits in every quarter since its inception in 2013. The Company plans to release its full quarterly results prior to May 15, 2015.   "During the first quarter, we released 20 new games, bringing our total library to over 100 titles. Key accomplishments this quarter included launching two games (Combo Quest; Endless Balance) that were featured as 'Best New Games' on Apple's iOS platform, and reaching an all-time high, in the quarter, of 245,000 new daily installs on Google Play, a metric which we have since surpassed," stated Tapinator CEO, Ilya Nikolayev.

In other gaming & mobile app developments, activity and happenings: Electronic Arts Inc. (NASDAQ: EA) and the UFC® recently announced thatEA SPORTS UFC will be available for free download on the App Store[SM] and Google Play™. The development team at EA Canada worked in partnership with the EA SPORTS UFCconsole team, leveraging their codebase to deliver HD-quality visuals, intuitive touch controls and action-packed gameplay. With no limits to how much you can play, gamers are free to climb UFC's virtual ranks, reaping amazing in-game rewards, unlocking new opponents and knocking out the competition. The game launched two months ago in Canada, South Korea, Singapore and Russia, and has been downloaded over two million times with gamers playing for an average of 36 minutes every day.

Zynga. Inc. (NASDAQ: ZNGA) develops, markets, and operates online social games as live services played on the Internet, social networking sites, and mobile platforms in the United States, Asia, and Europe. The company offers its online social games under the FarmVille, Words With Friends, Zynga Poker, Hit It Rich! Slots, CSR Racing, FarmVille 2: Country Escape, NFL Showdown, New Zynga Poker, New Words With Friends, Wizard of Slots, Looney Tunes Dash!, CSR Classics, and Clumsy Ninja names. Its games are accessible on Facebook and other social networks, mobile platforms, and Zynga.com. On Wednesday, ZNGA closed up slightly on over 13.5 million shares traded.

Glu Mobile, Inc. (NASDAQ: GLUU), a leading global developer and publisher of free-to-play games for smartphone and tablet devices, recently announced the availability of Frontline Commando: WW2 on the App Store and Google Play. The latest installment in the Frontline Commando franchise comes packed with console-quality graphics, heart-pounding gameplay, and historical influence. Regular in-game events offer players the chance to compete in exciting missions to earn rare weapons and rewards they will need on the battlefield. "Bringing console-quality gameplay to mobile devices worldwide, Frontline Commando: WW2 extends our dominance in the shooter category," said Glu CEO, Niccolo de Masi. "With each title more impressive than the last, Frontline Commando: WW2 features Glu's most immersive graphics and gameplay experience to-date."

Activision Blizzard, Inc. (NASDAQ: ATVI) news: Rally your fellow heroes and get ready for battle, because the portal to the Nexus is about to bust wide open! Blizzard Entertainment recently announced that Heroes of the Storm™ will officially launch on June 2, following an open beta testing period beginning May 19. The free-to-play online team brawler brings together a diverse cast of iconic characters from Blizzard's far-flung realms of science fiction and fantasy, including theWarcraft®, StarCraft®, and Diablo® universes, and challenges them to compete in epic, adrenaline-charged battles. Heroes of the Storm invites players to customize heroes to suit their style and then team up with friends for some all-out mayhem. The game features a variety of gameplay modes for players of every skill level, including Cooperative, in which players team up against computer-controlled opponents, and Quick Match, an accessible way to jump in and play versus others. Experienced players can also join forces against other teams of players in highly competitive, draft-style ranked play.

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services.  If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details.  Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/.  Follow us on Facebook:  http://www.facebook.com/financialnewsmedia and Twitter:  http://twitter.com/FNMgroup. 

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated three thousand four hundred dollars for news coverage of the current press release issued by Tapinator, Inc. by the company.  FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. 

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company:  FN Media Group, LLC
Contact email: [email protected]
U.S. Phone: +1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group LLC

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