Zynga Beats On Earnings And Stock Rockets Up 15%
Zynga
Zynga's earnings for last quarter are out.This will be earnings for the first quarter under the company's new CEO Don Mattrick. Mattrick used to be the head of Microsoft's Xbox business, but left for Zynga when Microsoft restructured its executive team.
Zynga also announced a new COO today, Clive Downie. He used to work at a Japanese gaming company called DeNA West.
Anyway, here are the numbers:
- $203 million revenue, down 36% year over year.
- $0.02 loss per share.
- 30 million daily active users, down 57% year over year.