SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Zynga, Inc.
ZNGA 8.1800.0%Sep 8 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stockman_scott who wrote (107)4/26/2012 5:03:06 PM
From: Glenn Petersen1 Recommendation  Read Replies (1) of 365
 
NGA' first qarter narrowly beats analyst estimates:

Zynga reports first-quarter quarter revenue of $321 million

Reuters – 21 minutes ago

S2AN FRANCISCO (Reuters) - Zynga Inc posted first-quarter revenue of $321 million, beating Wall Street expectations on the back of an increase in user numbers and strong performances from new titles, including Hidden Chronicles and Slingo.

On an adjusted basis, the social gaming company reported a profit of $47 million, or 6 cents a share [GP: Analysts were estimating $.05]. That compares with earnings of $16.7 million a year earlier.

Analysts on average were expecting revenue of $317.25 million, according to Thomson Reuters I/B/E/S.

Zynga reported bookings of $329 million.

The San Francisco-based company said monthly active users increased by 24 percent to 292 million from a year earlier.

(Reporting by Gerry Shih; editing by Dale Hudson and Andre Grenon)

finance.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext