Facebook (FB) On Watch After Zynga (ZNGA) Warns Again
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Evercore Cuts Facebook (FB) Numbers in Wake of Zynga (ZNGA) Pre-Announcment
October 5, 2012 10:54 AM EDTIn the wake of Zyngas (Nasdaq: ZNGA) pre-announcement, Evercore Partners cut its revenue and EPS outlook on Facebook (Nasdaq: FB).
"For the quarter, Zynga expects to report bookings in the range of $250 million to $255 million. Flowing... More
Evercore Cuts Facebook (FB) Numbers in Wake of Zynga (ZNGA) Pre-Announcment
October 5, 2012 10:54 AM EDTIn the wake of Zyngas (Nasdaq: ZNGA) pre-announcement, Evercore Partners cut its revenue and EPS outlook on Facebook (Nasdaq: FB).
"For the quarter, Zynga expects to report bookings in the range of $250 million to $255 million. Flowing... More
Wedbush Keeps Zynga (ZNGA) at Outperform - Crazy or Crazy Like a Fox?
October 5, 2012 9:52 AM EDTAfter yesterdays third quarter warning and pre-announcement by online gaming company Zynga (Nasdaq: ZNGA), few analysts are willing to hang onto an Outperform rating. While Wedbush cut its price target to $4 from $7, it kept its Outperform rating, which turned a few heads.
"While we would normally be inclined to downgrade the company's shares... More
Goldman Sachs Discusses Facebook (FB) In Light of Zynga's (ZNGA) Latest Warning
October 5, 2012 8:59 AM EDTAnalysts at Goldman Sachs weighed in on Facebook (NASDAQ: FB) Friday following another profit warning from key partner Zynga (NASDAQ:... More
Analyst Says Zynga (ZNGA) Will Finally Hit Floor at $1.70
October 5, 2012 8:37 AM EDTYesterday Zynga (NASDAQ: ZNGA) announced preliminary third quarter results and a reduction to full-year guidance, prompting a sharp, 20 percent selloff in the stock. Considering the breadth of the decline, many are wondering where the bottom is. Analyst at Evercore Partners, who are underweight... More
Zynga (ZNGA) Resumes, Now Down 13%
October 4, 2012 5:05 PM EDTZynga (Nasdaq: ZNGA) resumes trading down 13.0 percent.... More
Zynga (ZNGA) to Resume at 5:05PMET After Warning
October 4, 2012 4:54 PM EDTZynga (NASDAQ: ZNGA) will resume trading at 5:05PM ET after its latest warning.
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... More
Zynga (ZNGA) Cuts Q3 Outlook; Cites 'Weakness in Certain Games'
October 4, 2012 4:48 PM EDTZynga Inc. (Nasdaq: ZNGA) announced certain preliminary financial results for its third quarter ended September 30, 2012.
Zynga expects to report revenue in the range of $300 million to $305 million and bookings in the range of $250 million to $255 million for the third quarter ended September 30, 2012. Zynga expects to report a net loss of between $90 million and $105 million, non-GAAP net loss between $2 million and $5 million and... More
Zynga (ZNGA) trading halted, said to cut forecast
October 4, 2012 4:46 PM EDTZynga (NASDAQ: ZNGA) trading halted with news pending. The company cuts forecast.... More
