Zynga

Zynga Rallies 4% After Reporting Q1 Revenue Of $168M, EPS Of -$0.01

This afternoon following the bell, Zynga reported its calendar first-quarter financial performance including revenue of $168 million, bookings (non-GAAP) of $161 million, and earnings per share of -$0.01 (non-GAAP). Analysts had expected the company to report top line of $164 million, and a single cent per-share loss. That revenue figure …

Read More »

Zynga Founder Mark Pincus Steps Down From Chief Product Officer Role

Along with the company’s earnings release, Zynga announced that founder Mark Pincus would be stepping down from any operational duties and ceding his chief product officer title today. The company said that Pincus, who started the social gaming company in 2007, will remain chairman of the board. The announcement comes …

Read More »

Zynga, Scopely Exec Leaves To Start Mobile Studio MobLabs

Andy Kleinman, who was chief business officer at Los Angeles-based gaming company Scopely and a general manager at Zynga, left the company to start a mobile products-focused studio called MobLabs. Kleinman previously co-founded Vostu, a Latin American social gaming company, and later joined Three Melons, a studio that was acquired …

Read More »

Zynga Drops 9% After Its $192M Q4 Revenue And Guidance Disappoint

Zynga reported its fourth quarter financial performance today after the bell, including revenue of $192.5 million and earnings per share of $0.00. Investors had expected the company to earn $0.00 on revenue of $201.11 million. The firm also reported bookings in the quarter of $182.4 million. The company’s flat earnings per …

Read More »

A Super Angel’s View On Venture Capital In 2015

Editor’s Note: Fabrice Grinda is an Internet entrepreneur, angel investor, and co-founder of OLX, one of the largest free classifieds sites in the world. This piece is excerpted from a larger report due to be posted on Grinda’s site, Musings of an Entrepreneur.  As the first quarter of 2015 draws to …

Read More »
Bizwhiznetwork Consultation