— Zynga (NASDAQ: ZNGA) reported breakeven earnings for the fourth quarter of 2019.
— Revenue jumped 63% to $404 million vs. $418.6 million expected.
— Bookings rose 63% year-over-year to $433 million.
— Average mobile daily active users decreased 2% to 20 million.
— For fiscal 2020, Zynga expects net loss of $130 million or $0.14 per share and revenue of $1.6 billion.
— For the first quarter of 2020, Zynga projects net loss to be $26 million or $0.03 per share and revenue to be $385 million.
— ZNGA shares increased about 4% in the after-market session immediately after the earnings announcement.
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
