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July 26, 2012 12:36 am GMT
Zynga didn't meet analysts' already-low estimates in its just-released earnings release for the second quarter of its fiscal year, in which it showed revenue of $332 million and lost 3 cents per share. Analysts had predicted the company would earn 5 cents per share on revenue of $344 million.The company says it now has 72 million daily active users, up from 59 million in the previous quarter, and 306 million monthly active users, up from 228 million. Bookings, meanwhile, were $302 million, up 12 percent from the same period last year, but a sequential decline from the previous quarter.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JEjOhI8Si5k/
Zynga Falls Short Of Analyst Estimates For Q2: $332M In Revenue, Bookings Decline From Last Quarter, Lowered Outlook
Zynga didn't meet analysts' already-low estimates in its just-released earnings release for the second quarter of its fiscal year, in which it showed revenue of $332 million and lost 3 cents per share. Analysts had predicted the company would earn 5 cents per share on revenue of $344 million.The company says it now has 72 million daily active users, up from 59 million in the previous quarter, and 306 million monthly active users, up from 228 million. Bookings, meanwhile, were $302 million, up 12 percent from the same period last year, but a sequential decline from the previous quarter. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JEjOhI8Si5k/
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