— 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.
The Coca-Cola Company (NYSE: KO) reported first-quarter 2021 financial results before the regular market hours on Monday. The beverage manufacturer reported fourth-quarter revenue of $9 billion, up 5% year-over-year. The
The market rally gathered pace this week amid impressive quarterly results, led by the banking sector, and positive economic data. Leading stock indexes continued their winning streak, with S&P 500
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