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 »Zynga Pops On Q1 Revenue Beat, Plans To Fire Lots Of People
We’ve found the tech company that isn’t hiring. Zynga reported its first-quarter financial performance today following the bell, sending its shares skyrocketing as investors cheered its revenue beat and plans to cut around 18 percent of its workforce, or more than 300 people. Zynga had revenue of $183.3 million in …
Read More »Zynga Beats Expectations In Q2 With $200M In Revenue, Fails To Stem User Exodus
Zynga today beat analyst expectations for revenue and earnings, but its user numbers continued to decline, sending the stock down about 1 percent in extended trading. Zynga’s daily active user numbers declined 23 percent year over year to 21 million, which were also down 15 percent quarter-over-quarter. Its monthly active …
Read More »Square beats its fourth-quarter revenue expectations
Square, which has been on a bit of a run lately, posted a quarter where it beat revenue estimates and saw its shares pop slightly after it reported its fourth-quarter earnings. This was Square’s first time reporting quarterly earnings as a public company, and it looks like the results weren’t …
Read More »Groupon reports better-than-expected revenue, still not profitable
Deal site Groupon saw its shares rising today in after-hours trading, following a better-than-expected second quarter earnings report. Analysts expected the Chicago-based company to report negative earnings per share of $0.02 on revenue on a non-GAAP basis, and $713.8 million in revenue, according to Estimize data. But Groupon beat Wall Street revenue expectations with second quarter revenue of …
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