Zynga (ZNGA) PT Raised to $4 at Credit Suisse
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Zynga (ZNGA) PT Raised to $5.50 at Wedbush, 'Compelling Investment'
February 8, 2018 7:14 AM ESTWedbush raised its price target on Zynga (NASDAQ: ZNGA) to $5.50 (from $4.85) while maintaining a Outperform rating.
Analyst Michael Pachter comments "We think that Zynga is a compelling investment. Its market capitalization of roughly $3.4 billion net of cash and real estate leaves an... More
Zynga (ZNGA): Conservative Guidance Has Become The Norm, Reit Overweight - PiperJaffray
February 8, 2018 7:13 AM ESTPiper Jaffray analyst, Michael Olson, reiterated his Overweight rating on shares of Zynga (NASDAQ: ZNGA) after the company reported Q4 bookings ahead of expectations but Q1'18 bookings guidance slightly below consensus. Q4 bookings were $223.8M vs. consensus of $213.9M due to... More
Zynga (ZNGA) Q4 Revenue Tops Views, Q1 Rev. Guidance Light
February 7, 2018 4:27 PM ESTZynga (NASDAQ: ZNGA) reported Q4 adjusted EBITDA of $46.5 million. Revenue for the quarter came in at $233.3 million versus the consensus estimate of $213.18 million.
GUIDANCE:
Zynga sees Q1 2018 revenue of $200 million, versus the consensus of $219.3 million.
For earnings history and earnings-related data on Zynga (ZNGA) click here.
... MoreZynga beats bookings estimate as 'Words With Friends 2', 'CSR Racing 2' deliver
February 7, 2018 4:18 PM EST(Reuters) - Zynga Inc, creator of the once popular online game "FarmVille", reported fourth-quarter bookings above analysts' estimate, driven by the success of its mobile games such as "Words With Friends 2" and "CSR Racing 2".
The company reported bookings of $223.8 million for the three months ended Dec. 31, well above the $213.9 million estimated by analysts polled by data and analytics firm FactSet.
Bookings, an important metric indicating future revenue, include sales of virtual goods such as currency and lives.
"Words With Friends 2," launched in November, builds on the franchise's eight-year history... More
