Social gaming operator Zynga celebrated its best revenue and bookings performance in four years by spending $100m on acquiring a popular mobile card game studio.

Zynga turned in its Q3 report card on Tuesday, showing revenue rising 23% year-on-year to $224.6m, adjusted earnings hitting $44.6 from just $3.6m a year ago, while posting net income of $18.1m versus a $41.7m loss in Q3 2016.

The results build on the company’s Q2 report, which showed the company enjoying its first quarterly profits in almost five years. The company has now turned a profit for two straight quarters, the first time the company has managed that feat since it went public in 2011.

Bookings, the in-game sale of virtual goods and credits, rose 9% to $213.5m. Mobile bookings were up 15%, and mobile channels – once Zynga’s achilles heel – accounted for 87% of total revenue and bookings. Zynga has now posted sequential revenue and bookings growth for five consecutive quarters.