SAN FRANCISCO Oct 4 Zynga Inc warned
on Thursday it will post a hefty loss in the third quarter and
reduced its outlook for 2012, blaming launch delays and lowered
expectations for recent games such as "The Ville".
The social games maker behind Facebook game "Farmville" has
struggled to stop user losses and drive growth on mobile
devices. The company estimated a third-quarter loss of 12 to 14
Also, it is now projecting 2012 adjusted earnings before
interest, tax, depreciation and amortization of $147 million to
$162 million, versus $180 million to $250 million previously.
Shares in the company were halted on the results before the