Promising Sweepstakes Initiative
The Sweepstakes initiative is live in open beta across 7 states, with positive trends in player retention, engagement, and monetization.
Direct-to-Consumer Revenue Growth
Direct-to-consumer revenue was $6.7 million, up 107% year-over-year and 34% sequentially, representing 13.9% of total in-app purchase revenue.
Strong Cash Position
The company ended the quarter with $112.9 million in cash, up from $107 million in Q1, and remains debt-free.
Tetris Block Party Progress
Development of Tetris Block Party progressed steadily with meaningful product improvements and is on track for a Q4 launch.