Today, Zynga Inc. (NASDAQ:$ZNGA) is trading at highs not previously seen since 2014. Zynga now trades over $4 for an enterprise value of $3 billion. Is the stock still one worth owning considering the double from early 2016 lows?

On all fronts, Zynga delivered a Q3 that changed the financial view of the company. Essentially, the mobile game developer produced the best financial top line measures in four years while showing financial discipline on operations.

For Q3, the company saw net income reaching $18 million and adjusted EBITDA climbing to $44.6 million or nearly 20% revenues.

The positive shift on the bottom line allows investors to start focusing on Zynga returning to growth mode. The stock initially traded weak following Q3 results but has rallied to new highs considering a bullish outlook from the ongoing mobile growth.

Meanwhile, mobile bookings were only up 15% year over year to $186.5 million causing total bookings to only rise 9%.

Further, the company guided total Q4 bookings of $210 million. Q4 net income is sought to hit $13 million and adjusted EBITDA of $35 million. Investors can now view Zynga as a cash flow machine if these are the lowball numbers for Q4 in a year where free cash flow is already at $61 million.

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