• About
    • Authors
  • Activity
  • Home – backup code
  • HTML Tags and Formatting
  • Members
  • Terms & Conditions
  • Thanks!
  • About
    • Authors
  • Home
  • Resources
    • Events
    • Job Board
      • Submit Listing
  • Newsletter
  • Contact
  • Advertise
  • Home
  • About >>
    • Authors
  • Resources >>
    • Events
    • Job Board >>
      • Submit Listing
  • Newsletter
  • Contact
  • Advertise

  • Mobile Marketing Watch Mobile Marketing Watch

--

  • June 26, 2022
  • Follow us on Facebook
  • Follow us on Feedburner
  • Follow us on Twitter
  • Mobile Marketing
    • Marketing Strategy
    • Mobile Analytics
    • Mobile Apps
    • Mobile Commerce
    • Mobile Spam
    • Mobile Payments
    • Technology
      • Mobile Security
      • NFC
      • SMS / Text
  • Mobile Advertising
  • Casino mobile marketing
  • mHealth
  • Opinion
  • Platforms
    • Android
    • BlackBerry
    • iOS
    • Mobile Devices
    • Smartphones
    • Tablet Devices
  • Resources
    • Infographics
    • News
      • Announcements
      • Mergers And Acquisitions
      • Featured
      • Rumors
  • Mobile Retail
  • Social Media
  • Mobile Marketing
    • Marketing Strategy
    • Mobile Analytics
    • Mobile Apps
    • Mobile Commerce
    • Mobile Spam
    • Mobile Payments
    • Technology
      • Mobile Security
      • NFC
      • SMS / Text
  • Mobile Advertising
  • Casino mobile marketing
  • mHealth
  • Opinion
  • Platforms
    • Android
    • BlackBerry
    • iOS
    • Mobile Devices
    • Smartphones
    • Tablet Devices
  • Resources
    • Infographics
    • News
      • Announcements
      • Mergers And Acquisitions
      • Featured
      • Rumors
  • Mobile Retail
  • Social Media

Zynga Gets Zapped on Wall Street

Zynga is taking its lumps on Wall Street this week following disappointing earnings for Q1 2013. The top global provider of social game services, Zynga said its revenue tumbled 18 percent year-over-year to $264 million. Q1 2013 net income was $4 million, not staggering but certainly better than the net loss of $85.4 million for …   Read More

By Michael
April 25, 2013
0 1215 0
By Michael
April 25, 2013
0 1215 0
Share

Zynga is taking its lumps on Wall Street this week following disappointing earnings for Q1 2013.

The top global provider of social game services, Zynga said its revenue tumbled 18 percent year-over-year to $264 million. Q1 2013 net income was $4 million, not staggering but certainly better than the net loss of $85.4 million for the first quarter of 2012.

Although Wall Street had expected Zynga to perform worse during Q1, the report didn’t do much to inspire investors. And some analysts are blaming unfavorable forecasts for the shaky investor reaction to Wednesday’s earnings report.

“We’re not measuring the progress to get there in short-term results that are short-lived,” CEO Mark Pincus said after the report was issued.

“2013 will continue to be a transition year,” Pincus stated in the earnings report, “as we face the challenging environment on the web and invest in developing the leading franchises and network across web and mobile platforms and offer our 253 million monthly players a connected experience that can follow them from work to school to home and anywhere in between.”

I found this helpful

I did not find this helpful

In this article
  • Announcements
  • Mobile Devices
  • Mobile Gaming
  • Mobile Social
  • News
  • Platforms
  • Predictions
  • Resources
  • Technology
  • mobile games
  • social gaming
  • Wall Street
  • ZNGA
  • zynga
  • Zynga earnings

Search

Juniper: Smartphone and Tablet Game Downloads to Triple
Previous
NAB Advises on Smart Merchant Account Selection
Next

© 2015 Good News, Inc.

Back to top