Thursday, October 25, 2012

Zynga Reports Third Quarter Revenue Of $317M, Shares Pop 12.7% In After-Hours On Casino Push

zynga-logoZynga said it saw third quarter revenue of $317 million, which was slightly above the lower range of $300 million to $305 million the company said it would see earlier this month.?Bookings came in at $256 million, up 11 percent year-over-year.?The company saw a loss of 7 cents per share, and its non-GAAP earnings, which exclude one-off share based compensation costs, were 0 cents per share. Because the revenues came in slightly ahead of the company's earlier forecasts, the company's shares popped 10 percent in after-hours trading to $2.36 from today's close of $2.12.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/rT2lW7mSs4c/

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