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Take-Two faces Zynga goodwill write-downs and high valuation, with GTA VI upside likely priced in and long-term growth ...
Zynga Inc.’s third-quarter loss widened as the game maker struggled to find a new hit and doubled down on efforts to make its current offerings more mobile-friendly. For the three-month period ...
Zynga said the "substantial" cost reductions from the layoffs will save the company $70 million to $80 million a year. Shares of Zynga tumbled 10% on the news. "None of us ever expected to face a ...
Take-Two to acquire all the outstanding shares of Zynga for a total value of $9.86 1 per share – $3.50 in cash and $6.36 1 in shares of Take-Two common stock, implying an enterprise value of $12 ...
Zynga is scheduled to report its Q4 results on Wednesday, Feb 9. We expect ZNGA stock to trade sideways with its revenue expected to be below and earnings above the consensus estimates. The ...
Zynga says the move, which should be completed by August, will save it $70 million to $80 million. Zynga on Monday said it anticipates a second-quarter loss of $28.5 million to $39 million.
Zynga, one of the biggest mobile game publishers, is partnering with Forte to create blockchain-based and Web3 games built around Zynga’s franchises. Newsletters Games Share a News Tip.
Zynga’s most recent results revived some painful memories. The mobile-game maker will need to work hard to make sure they are fleeting. Late Thursday, Zynga reported $712 million in net bookings ...
Zynga CEO Don Mattrick's job security is being questioned as the maker of online game FarmVille — once the most popular game on Facebook — continues to struggle.. A prominent Wall Street ...
Zynga's IPO valued the company at around $7 billion. While that's an impressive market cap, Zynga's share price is still significantly below the $17.20 per share valuation the company used for a ...
Zynga has already gone through the first round of talks and addressed some of the points raised by regulators. Like Groupon, Zynga has faced similar criticism for emphasizing some non-traditional ...
Zynga and Facebook are ever gradually trying to separate from each other. It's working -- sort of? Facebook said today that 15 percent of its revenue in the first quarter came from either ...