In million EUR 2012 2011 Variation 1st Quarter 44.8 39.5 +14% 2nd Quarter 50.4 37.4 +35% 3rd Quarter 55.4 40.6 +37% First Nine Months 150.6 117.4 +28%Third-quarter sales were driven by the massive success of Gameloft games on smartphones and tablets. Gameloft's third-quarter sales on smartphones and tablets grew by 124% year on year and represented 56% of total sales compared to only 34% in the same period in 2011. The strong acceleration of growth enjoyed by Gameloft's smartphone activity in the last two quarters is related to the success of the freemium and paymium models put in place by the company in March 2011. Gameloft's number of monthly active users currently stands at 56 million and 60% of the company's smartphone revenues derive from in-app purchases and advertising revenues. The strong growth of smartphone and tablet shipments around the world should continue to sustain Gameloft's growth in the coming quarters. In addition, the upcoming release of many new high-profile games such as Modern Combat 4: Zero Hour, Zombiewood, Heroes of Order & Chaos, My Little Pony, PLAYMOBIL Pirates, UNO™ & Friends should allow solid top-line growth in the final quarter of the year. Therefore the company now targets a little over €205 million in sales for the full year of 2012, up more than 25% year on year. The Group's fourth-quarter sales will be published on January 29, 2013, after the market closes. About Gameloft:
Gameloft Record Third-Quarter Sales Of €55.4M, Up 37%
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