Zynga (ZNGA) Q4 2019 Earnings Snapshot

— 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.

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