Facebook (FB) On Watch After Zynga (ZNGA) Warns Again
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Traders are watching Facebook, Inc. (NASDAQ: FB) following a warning from partner Zynga (NASDAQ: ZNGA), which cited weakness in certain games
Zynga expects to report revenue in the range of $300 million to $305 million, versus the consensus of $275.9 million. Zynga expects non-GAAP EPS between $0.00 and ($0.01) for the third quarter, versus the consensus of $0.00.
For the year, Zynga sees adjusted EBITDA projected to be in the range of $147 million to $162 million (compared to previous expectations of between $180 million to $250 million).
Zynga expects to report revenue in the range of $300 million to $305 million, versus the consensus of $275.9 million. Zynga expects non-GAAP EPS between $0.00 and ($0.01) for the third quarter, versus the consensus of $0.00.
For the year, Zynga sees adjusted EBITDA projected to be in the range of $147 million to $162 million (compared to previous expectations of between $180 million to $250 million).
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