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| VIEW EVENT INFORMATION: Zynga |
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Zynga Explains “Challenging” Q2: Facebook Platform Changes, Late Launches, Draw |
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About the organization Zynga:
Type: Business
Sub-Types: Website, Social Networking Agent, Online Gaming, Telecommunication Software, Application Software, Computer Software, Gaming, Gaming Software, Networking, Networking Software |
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Notable Organizations: Zynga, Techcrunch
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| Why did Zynga generate revenue of $332 million versus the analyst-projected $344 million, earning 3 cents per share instead of 5 (and sending the stock off 40% in after-hour trading)? Three big factors, the company said today on the earnings call, in the following order: Facebook platform changes, game launches late in the quarter, and Draw Something’s weakening mobile… |
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