Zynga Inc Cl A Misses
Zynga Inc Cl A (ZNGA) reported 4th Quarter December 2017 earnings of $0.03 per share on revenue of $233.3 million. The consensus earnings estimate was $0.03 per share on revenue of $214.4 million. The Earnings Whisper number was $0.04 per share. Revenue grew 22.4% on a year-over-year basis.
The company said it expects a first quarter loss of approximately $0.01 per share on revenue of approximately $200.0 million. The current consensus estimate is earnings of $0.03 per share on revenue of $219.3 million for the quarter ending March 31, 2018.
Zynga Inc provides social game services. The Company develops, markets and operates social games as live services played on mobile platforms such as iOS and Android and social networking sites such as Facebook.
Zynga Announces Fourth Quarter and Full Year 2017 Financial Results
Zynga Inc. (ZNGA) today released its financial results for the
fourth quarter and full year ended December 31, 2017 by posting
managements Q4 2017 Quarterly Earnings Letter on its website. Please
see the attached Quarterly Earnings Letter or visit http://investor.zynga.com/financial-information/quarterly-results">http://investor.zynga.com/financial-information/quarterly-results
to view the letter.
This press release features multimedia. View the full release here:
Zynga management will also host a Q&A session at 2:30 p.m. Pacific Time
(5:30 p.m. Eastern Time) today to discuss Zyngas fourth quarter and
full year 2017 performance. Questions may be asked on the call, and
Zynga will respond to as many questions as possible.
The live Q&A session can be accessed at http://investor.zynga.com
- a replay of which will be available through the website after the call
- or via the below conference dial-in number:
Toll-Free Dial-In Number: (800) 537-0745
International Dial-In Number: (253) 237-1142
Conference ID: 1194619
About Zynga Inc.
Since its founding in 2007, Zyngas mission has been to connect the
world through games. To date, more than 1 billion people have played
Zyngas games across web and mobile, including FarmVille, Zynga
Poker, Words With Friends, Hit it Rich! Slots and CSR
Racing. Zyngas games are available on a number of global platforms
including Apple iOS, Google Android, Facebook and Zynga.com. The company
is headquartered in San Francisco, Calif., and has additional offices in
the U.S., Canada, U.K., Ireland, India, Turkey and Finland. Learn more
about Zynga at https://companyblogdotzynga.com/
or follow us on Twitter
View source version on businesswire.com: http://www.businesswire.com/news/home/20180207006112/en/
Investor Relations Contact