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VIEW EVENT INFORMATION: Zynga |
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With New CEO Mattrick At Helm, Zynga Reports Loss Of $16M And Revenue Decline Of 31% |
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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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Zynga’s revenues for the second quarter of 2013 declined 31% year-over-year to $231 million in the midst of a challenging transition that saw former CEO Mark Pincus hand over the reins to Don Mattrick.
The company had a net loss of $16 million compared to last year’s net loss of $22.8 million during the same quarter (which also had $95.5 million of stock-based compensation expenses). |
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