Zynga reports 4th-qtr revenue flat at $311 million

SAN FRANCISCO Tue Feb 5, 2013 4:14pm EST

SAN FRANCISCO Feb 5 (Reuters) - Zynga Inc reported fourth-quarter revenues of $311 million, flat compared with a year ago, as the company showed signs it is beginning to cope with a dramatic, months-long exodus of online gamers.

The game maker, whose titles include "CityVille 2," reported a quarterly profit of 1 cent per share on an adjusted basis, beating Wall Street expectations of a loss of 3 cents per share, according to analysts polled by Thomson Reuters I/B/E/S.

In October, Zynga'a chief executive, Mark Pincus, laid off staff and announced $200 million in stock buybacks after the company forecast a loss for the December quarter.

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