Zynga Announces Fourth Quarter and 2015 Financial Results
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Wedbush Cuts Price Target Following Zynga's (ZNGA) Conservative 1Q Guidance
February 11, 2016 9:01 AM ESTWedbush maintained an Outperform rating on Zynga (NASDAQ: ZNGA), and cut the price target to $4.25 (from $5.50), following the company's 4Q. 1Q guidance was below the Streets expectations, as Zynga opted for a slower rollout of its 2016 releases than originally anticipated. Initial guidance shows bookings of $150 165 million and adjusted EBITDA of $(10) 0 million, compared with... More
Zynga (ZNGA) Pipeline Improving - Sterne Agee CRT
February 11, 2016 6:51 AM ESTSterne Agee CRT analyst, Arvind Bhatia, thinks Zynga (NASDAQ: ZNGA) outlook may be improving. Although ZNGAs overall mobile audience declined 5% q/q, the core franchises all saw improvement. With 10 new games expected in 2016 (including 6 currently in soft launch), the pipeline seems improved
ZNGA continues its transition to becoming a mobile... More
Zynga (ZNGA) Reports In-Line Q4 EPS, Offers Q1 Guidance
February 10, 2016 4:05 PM ESTZynga (NASDAQ: ZNGA) reported Q4 EPS of $0.00, in-line with the analyst estimate of $0.00. Revenue for the quarter came in at $185.8 million versus the consensus estimate of $178.67 million.
GUIDANCE:
Zynga sees Q1 2016 EPS of ($0.01)-$0.00, versus the consensus of $0.00. Zynga sees Q1... More
