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| VIEW EVENT INFORMATION: Zynga |
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Zynga’s Shares Pop Nearly 12% On Lower-Than-Expected Losses |
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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 shares rose nearly 12 percent in after-hours trading on lower-than-estimated losses.
Zynga posted a net loss of $68,000 on about $203 million of revenue, so they managed to stay roughly break-even. Their top line revenues are down 36 percent year-over-year as Zynga deals with disastrous losses in its user base on the Facebook platform. At the same time, they haven’t made… |
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