Tag

Monthly Active Users

All articles tagged with #monthly active users

"Epic Games' Expanding Influence: From Free Games to European iOS Storefront"

Originally Published 1 year ago — by IGN

Featured image for "Epic Games' Expanding Influence: From Free Games to European iOS Storefront"
Source: IGN

The Epic Games Store gave away over $2,000 worth of games in 2023, with 86 games totaling a recommended retail price of $2,055 and over 580 million downloads. Despite reaching 75 million monthly active users and a 16% rise in player spending to $950 million, the store is still not profitable, aiming to grow through strategies like free giveaways, exclusive games, and an 88/12 revenue split for developers.

Pinterest's Stock Slides on Weak Revenue and Outlook, Despite Record High Users

Originally Published 1 year ago — by Yahoo Finance

Featured image for Pinterest's Stock Slides on Weak Revenue and Outlook, Despite Record High Users
Source: Yahoo Finance

Pinterest announced its fourth quarter and full year 2023 financial results, reporting a 12% revenue growth in Q4 to $981 million and a 9% increase in 2023 to $3,055 million. The global monthly active users reached a record high of 498 million, with GAAP net income of $201 million in Q4 and a net loss of $36 million for 2023. The company's CEO, Bill Ready, highlighted the strong performance and transformative year, emphasizing the alignment of user and advertiser interests. Pinterest also provided guidance for Q1 2024, expecting revenue to be in the range of $690 million to $705 million, representing 15-17% growth year over year.

Netflix's Ad Tier Surges with 15M Monthly Active Users and New Sponsorship Deals

Originally Published 2 years ago — by Deadline

Featured image for Netflix's Ad Tier Surges with 15M Monthly Active Users and New Sponsorship Deals
Source: Deadline

Netflix has reached 15 million monthly active users on its ad-supported subscription tier, up from 5 million last year. The company's Basic With Ads tier grew 70% in Q3, but it has not disclosed how many of its 247 million global subscribers are on the ad tier. The introduction of advertising in 2022 was a significant shift for Netflix, which had previously resisted running ads. The move has helped the company regain subscriber growth, increase free cash flow and profits. Netflix has also announced new ad formats and title sponsorships, including partnerships with Frito-Lay and T-Mobile.

Spotify's Q1 2023 earnings show strong user growth and increase in paying subscribers.

Originally Published 2 years ago — by For the Record

Featured image for Spotify's Q1 2023 earnings show strong user growth and increase in paying subscribers.
Source: For the Record

Spotify reports strong Q1 2023 financial performance with 22% YoY growth in Monthly Active Users to 515 million, 15% YoY growth in Premium Subscribers to 210 million, and 14% YoY growth in Total Revenue to €3.0 billion. Gross Margin improved to 25.2% and Operating (Loss)/Income finished at €(156) million aided by lower marketing spend.

EA Dominates User Engagement on Xbox and PlayStation, Beating Activision Blizzard.

Originally Published 2 years ago — by GamesIndustry.biz

Featured image for EA Dominates User Engagement on Xbox and PlayStation, Beating Activision Blizzard.
Source: GamesIndustry.biz

EA was the top publisher for monthly active users on Xbox and PlayStation consoles from September 2022 through January 2023, accounting for more than 16% of monthly active users on the platforms, according to Ampere Analysis. FIFA 23 led all titles in engagement, with users playing on 35% of days for the month of February.