Categories AlphaGraphs, Earnings, Leisure & Entertainment
Zynga (ZNGA) Q2 revenues rise 47% but miss estimates
Social game developer Zynga, Inc. (NASDAQ: ZNGA) reported a sharp increase in second-quarter revenues. The company’s stock gained on Wednesday evening soon after the announcement.
Mobile revenues grew 51% from last year in the second quarter, aided by double-digit growth in bookings. Total revenues climbed 47% to $451.69 million but missed the Street view.
The company reported a net loss of $150.3 million or $0.16 per share for the three-month period, compared to a loss of $55.8 million or $0.06 per share in the prior-year quarter.
Zynga’s stock climbed to an eight-year high in early July, before paring a part of the gains in the following weeks. The stock closed Wednesday’s regular trading lower but made modest gains during the extended session.
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
