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Key Developments: Zynga Inc (ZNGA.O)

ZNGA.O on Nasdaq

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27 May 2016
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Latest Key Developments (Source: Significant Developments)

Zynga Inc gives Q2 2016 guidance
Wednesday, 4 May 2016 04:03pm EDT 

Zynga Inc:Sees Q2 2016 Revenue is projected to be in the range of $170 million to $180 million.Sees Q2 2016 Net loss is projected to be in the range of ($26) million to ($20) million.Sees Q2 2016 Net loss per share is projected to be in the range of ($0.03) to ($0.02) based on a share count projected to be approximately 875 million shares.Sees Q2 2016 Bookings are projected to be in the range of $160 million to $170 million.Sees Q2 2016 Adjusted EBITDA is projected to be in the range of break-even to $5 million.Sees Q2 2016 Non-GAAP loss per share is projected to be in the range of ($0.01) to $0.00, based on a share count projected to be approximately 875 million shares.  Full Article

Zynga Inc appoints Frank Gibeau as new CEO
Tuesday, 1 Mar 2016 04:06pm EST 

Zynga Inc:Appoints board member frank gibeau to chief executive officer and announces founder mark pincus will serve as executive chairman of the board.Mark Pincus, zynga's founder and current CEO, will serve as executive chairman of the board, and will also report to zynga's board.Says appointed Frank Gibeau as chief executive officer effective March 7, 2016.  Full Article

Zynga Inc gives Q4 2015 guidance; revenue and EBITDA guidance below analysts' estimates
Tuesday, 3 Nov 2015 04:03pm EST 

Zynga Inc:Sees Q4 2015 revenue to be in the range of $170 million to $185 million.Sees Q4 2015 net loss to be in the range of ($75) million to ($53) million.Sees Q4 2015 Net loss per share to be in the range of ($0.08) to ($0.06).Sees Q4 2015 adjusted EBITDA to be in the range of ($5) million to $5 million.Sees Q4 2015 non-GAAP net loss per share to be in the range of ($0.01) to ($0.00).Q4 2015 revenue of $192 million, EBITDA of $13 million and EPS of $0.00- Thomson Reuters I/B/E/S.  Full Article

Zynga Inc announces $200m share repurchase program; announces resignation of CFO David Lee & Interim CFO
Tuesday, 3 Nov 2015 04:03pm EST 

Zynga Inc:Announcing $200 million share repurchase program.Says that its Chief Financial Officer David Lee is resigning as CFO effective immediately and departing the company on December 11, 2015.Zynga has initiated a search for a permanent CFO.Says until a new CFO is appointed, Michelle Quejado, Zynga's Chief Accounting Officer, will serve as interim CFO effective immediately.  Full Article

Zynga Inc gives Q3 2015 revenue guidance; Q3 2015 earnings below analysts' estimates
Thursday, 6 Aug 2015 04:03pm EDT 

Zynga Inc:Says Q3 2015 revenue is projected to be in the range of $175 million to $190 million.Says Q3 2015 Net loss (or income) is projected to be in the range of ($31) million to ($23) million.Says Q3 2015 Net loss per share is projected to be $0.03 based on a share count projected to be about 915 million shares.Says Q3 2015 Adjusted EBITDA is projected to be in the range of ($17) million to ($7) million.Says Q3 2015 Non-GAAP net loss per share is projected to be in the range of ($0.02) to ($0.01), based on a share count projected to be about 915 million shares.Q3 2015 revenue of $175 million, EBITDA of $9.05 million and EPS of $0.00- Thomson Reuters I/B/E/S.  Full Article

Zynga Inc expects to complete a reduction of workforce
Wednesday, 6 May 2015 04:04pm EDT 

Zynga Inc:Expects to complete reduction of about 18 pct of current workforce across its studios.Expects workforce reduction to be complete in Q4.  Full Article

Zynga Inc gives Q2 2015 guidance; revenue above analysts' estimates
Wednesday, 6 May 2015 04:04pm EDT 

Zynga Inc:Says Q2 2015 revenue is projected to be in the range of $175 million to $190 million.Says Q2 2015 Net loss is projected to be in the range of $54 million to $50 million.Says Q2 2015 Net loss per share is projected to be $0.06.Says Q2 2015 Adjusted EBITDA is projected to be in the range of ($20) million to ($10) million.Says Q2 2015 Non-GAAP net loss per share is projected to be $0.02.Q2 2015 revenue of $156 million, EBITDA of ($11) million and EPS of ($0.02) - Thomson Reuters I/B/E/S.  Full Article

Zynga CEO resigns, founder Mark Pincus steps back in - Reuters
Wednesday, 8 Apr 2015 09:33pm EDT 

Zynga Inc:Says that Chief Executive Don Mattrick will step down and founder Mark Pincus will return to lead the company as it struggles to adapt to the changing tastes of gamers - Reuters.Mattrick will also leave the board.  Full Article

Zynga Inc gives Q1 2015 guidance below analysts' estimates
Thursday, 12 Feb 2015 04:03pm EST 

Zynga Inc:Expects Q1 2015 revenue to be in the range of $155 million to $165 million.Expects Q1 2015 net loss to be in the range of $60 million to $52 million.Expects Q1 2015 net loss per share to be in the range of $0.07 and $0.06.Expects Q1 2015 adjusted EBITDA to be in the range of ($25) million to ($15) million.Expects Q1 2015 non-GAAP net loss per share to be in the range of ($0.03) to ($0.02).Q1 2015 revenue of $201 million, net income of $3 million, EBITDA of $15 million and EPS of $0.00 - Thomson Reuters I/B/E/S.  Full Article

Zynga Inc gives Q4 2014 guidance; net income below analysts' estimates; lowers FY 2014 revenue and EPS guidance; reaffirms FY 2014 EBITDA guidance
Thursday, 6 Nov 2014 04:12pm EST 

Zynga Inc:Expects Q4 2014 revenue to be in the range of $170 million to $200 million.Expects Q4 2014 Net loss to be in the range of $51 million to $34 million.Expects Q4 2014 Net loss per share to be in the range of $0.06 and $0.04.Expects Q4 2014 adjusted EBITDA to be in the range of $9 million to $29 million.Expects Q4 2014 Non-GAAP earnings (loss) per share to be in the range of ($0.01) to $0.01.Expects FY 2014 revenue to be in the range of $668 million to $698 million.Expects FY 2014 Net loss to be in the range of $231 million to $214 million.Expects FY 2014 Net loss per share to be in the range of $0.26 and $0.24.Expects FY 2014 adjusted EBITDA to be in the range of $40 million to $60 million.Expects FY 2014 Non-GAAP earnings (loss) per share to be in the range of ($0.02) to $0.00.Q4 2014 revenue of $200 million, net income of $4.9 million, EBITDA of $20 million and EPS of $0.00 - Thomson Reuters I/B/E/S.FY 2014 revenue of $709 million, net income of $(6.1) million, EBITDA of $51.3 million and EPS of $(0.01) - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Zynga Q1 GAAP shr loss $0.03

* Zynga Inc says Q1 GAAP shr loss $0.03; Q1 non-GAAP shr $0.00; Q1 GAAP rev $186.7 mln VS $183.3 mln