Posted On: 05/17/2016 10:12:33 AM
Post# of 40524
$SPYR news out! SPYR's 'Pocket Starships' Reports Positive Revenue Growth From Minor Update
http://finance.yahoo.com/news/spyrs-pocket-st...00153.html
DENVER, May 17, 2016 /PRNewswire/ -- SPYR, INC. (SPYR), a holding company with wholly owned subsidiaries in the mobile game & app development and publishing industry, and in the restaurant industry, today announced that Pocket Starships (www.pocketstarships.com), the company's most recently published game, is generating very positive statistics since the release of a minor game update on May 2.
SPYR's wholly owned subsidiary, SPYR APPS, LLC, released a minor update (or "patch"
for Pocket Starships on May 2, 2016, the primary goal of which was to provide some long-awaited "bug fixes." The patch also provided players with some very minor content updates, which included making a few new items available for in-app purchase.
Pocket Starships has seen more than a 23% increase in the average revenue from each paying user and a 7.8% increase in the average spend on each in-app purchase over the last 30 days, with the majority of those increases occurring after the release of the patch.
In addition, following the recent update, Pocket Starships has garnered overwhelmingly positive reviews, with daily review averages in the Google Play Store increasing from approximately 4.1 stars out of 5 to between 4.5 and 4.7 stars out of five depending on the day. This is with an average of approximately 130 reviews per day by Android users alone.
Paul Thind, SPYR's Managing Director of Games and Apps stated: "We are very encouraged by the metrics generated by the most recent update. The update, while only a very minor one, was exciting because it allowed us to see the impact that it had on the average player revenue and on the game's reception with players. It is showing that us we are moving in the right direction with the game. It is a very good sign of things to come when our planned large content update/expansion will be launched later this year."
http://finance.yahoo.com/news/spyrs-pocket-st...00153.html
DENVER, May 17, 2016 /PRNewswire/ -- SPYR, INC. (SPYR), a holding company with wholly owned subsidiaries in the mobile game & app development and publishing industry, and in the restaurant industry, today announced that Pocket Starships (www.pocketstarships.com), the company's most recently published game, is generating very positive statistics since the release of a minor game update on May 2.
SPYR's wholly owned subsidiary, SPYR APPS, LLC, released a minor update (or "patch"
for Pocket Starships on May 2, 2016, the primary goal of which was to provide some long-awaited "bug fixes." The patch also provided players with some very minor content updates, which included making a few new items available for in-app purchase. Pocket Starships has seen more than a 23% increase in the average revenue from each paying user and a 7.8% increase in the average spend on each in-app purchase over the last 30 days, with the majority of those increases occurring after the release of the patch.
In addition, following the recent update, Pocket Starships has garnered overwhelmingly positive reviews, with daily review averages in the Google Play Store increasing from approximately 4.1 stars out of 5 to between 4.5 and 4.7 stars out of five depending on the day. This is with an average of approximately 130 reviews per day by Android users alone.
Paul Thind, SPYR's Managing Director of Games and Apps stated: "We are very encouraged by the metrics generated by the most recent update. The update, while only a very minor one, was exciting because it allowed us to see the impact that it had on the average player revenue and on the game's reception with players. It is showing that us we are moving in the right direction with the game. It is a very good sign of things to come when our planned large content update/expansion will be launched later this year."
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