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LIVE: Candy Crush Maker King Reports Earnings And The Stock Is Crashing

Steve KovachAug 13, 2014, 01:36 IST

King, the maker of popular mobile games like Candy Crush Saga, just reported earnings for last quarter.

Here's the score:

EPS: $0.59 vs. $0.59 expected

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Revenue: $611 million vs. $606 million expected

The stock is crashing. It's down at least 19% after hours.

There were some some concerns prior to King's earnings report that Candy Crush usage is declining. But it seems that wasn't the case.

King recently introduced a new game called Candy Crush Soda Saga and some other titles that people are optimistic about.

More to come. Click here to refresh for the latest.