Zynga Beats On Earnings And Stock Rockets Up 15%
Advertisement
Zynga
Advertisement
This will be earnings for the first quarter under the company's new CEO Don Mattrick. Mattrick used to be the head of Microsoft's Xbox business, but left for Zynga when Microsoft restructured its executive team.
Zynga also announced a new COO today, Clive Downie. He used to work at a Japanese gaming company called DeNA West.
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
Anyway, here are the numbers:
- $203 million revenue, down 36% year over year.
- $0.02 loss per share.
- 30 million daily active users, down 57% year over year.
Advertisement
- I got a $40K raise using this 30-second strategy. It made me realize loud work, not hard work, always wins.
- Qatar Airways' new CEO explains why it's sticking with the Airbus A380 as other airlines retire the costly superjumbo
- Prince Harry and Meghan found out about Kate Middleton's cancer diagnosis on TV like everyone else, report says
- Sustainable Event Planning
- Ambani, Adani collaborate: RIL picks 26% stake in Adani Power project
- As back-to-office avatars turn casual, comfy sneaker sales pick up pace
- Fresh photographs of Milky Way’s black hole Sgr A* reveal strong, twisted magnetic field similar to M87*
- 8 Lesser-known places to explore in Himachal Pradesh