— 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 […]
“— 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 […]
· February 5, 2020
— 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.
