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February 6, 2013 02:13 am GMT
Zynga's revenue was flat year-over-year amid a tough fourth quarter that saw layoffs and a continuing series of executive and mid-level departures.The company's revenues came in at $311 million and the net loss was $48.6 million for the quarter, with non-GAAP earnings at 1 cent per share.Analysts had estimated that Zynga's fourth quarter revenue would come in at $212.1 million with a loss of 3 cents per share. Bookings were down 15 percent year-over-year, to $261 million.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6P6e551xVLQ/
Zyngas Q4 Beats, Revenue Flat At $311M, Net Income Swings To A Loss Of $48.6M
Zynga's revenue was flat year-over-year amid a tough fourth quarter that saw layoffs and a continuing series of executive and mid-level departures.The company's revenues came in at $311 million and the net loss was $48.6 million for the quarter, with non-GAAP earnings at 1 cent per share.Analysts had estimated that Zynga's fourth quarter revenue would come in at $212.1 million with a loss of 3 cents per share. Bookings were down 15 percent year-over-year, to $261 million.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6P6e551xVLQ/
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