Zynga Inc (ZNGA.O) Key Developments | Reuters.com
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Zynga Inc (ZNGA.O)

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Latest Key Developments (Source: Significant Developments)

Zynga Inc gives Q3 2014 outlook below analysts' estimates; lowers FY 2014 outlook
Thursday, 7 Aug 2014 04:01pm EDT 

Zynga Inc:Expects Q3 2014 revenue to be in the range of $160 -$170 mln.Expects Q3 2014 net loss to be in the range of $57 - $52 mln.Expects Q3 2014 adjusted EBITDA to be in the range of $0 - $5 mln.Expects Q3 2014 non-GAAP loss per share to be in the range of $0.01 to $0.00.Expects FY 2014 bookings to be in the range of $695 - $725 mln, compared to previous expectation between $770 -$810 mln.Expects FY 2014 adjusted EBITDA to be in the range of $40 -$60 mln, compared to previous expectation between $70 -$100 mln.Expects FY 2014 Non-GAAP EPS to be in the range of ($0.01) to $0.00.Q3 2014 revenue of $212 mln, net income of $6.96 mln, EBITDA of $25 mln, EPS of $0.01 - Thomson Reuters I/B/E/S.FY 2014 revenue of $800 mln, EBITDA of $95 mln, EPS of $0.02 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Zynga names Bernard Kim as president of publishing

* Kim will report directly to chief executive officer Frank Gibeau effective immediately