(Reuters) – Zynga Incs investors will have to wait until at least next year to see if the company can grow profitably, analysts said after the Farmville creator cut its 2014 revenue outlook. Zyngas shares fell as much as 7 percent to a 14-month low of $2.71 in heavy early trading on the Nasdaq on […]
By Malathi Nayak SAN FRANCISCO (Reuters) – Zynga Inc on Thursday reported unexpectedly weaker second-quarter bookings, and slashed its 2014 forecast after saying it had delayed several games including a revamped version of Zynga Poker. Shares in the San Francisco-based mobile gaming company, known for the FarmVille game, were down 9 percent in after-hours trading […]
By Malathi Nayak SAN FRANCISCO (Reuters) – Zynga Inc on Thursday reported unexpectedly weaker second-quarter bookings, and slashed its 2014 forecast after saying it had delayed several games including a revamped version of Zynga Poker. Shares in the San Francisco-based mobile gaming company, known for the FarmVille game, were down 9 percent in after-hours trading […]
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