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

Steve Kovach

Aug 13, 2014, 01:36 IST

A Candy Crush mascot on the floor of the New York Stock Exchange.

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.

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