Company Of The Day: Zynga

by Trefis Team
+14.37%
Upside
8.99
Market
10.28
Trefis
ZNGA
Zynga
Rate   |   votes   |   Share

What?

Zynga (NASDAQ:ZNGA) posted a stronger than expected set of Q3 2021 results, with revenue rising by about 40% year-over-year to $705 million and GAAP loss per share coming in at -$0.04.

Why?

Zynga saw its Online game or user-pay revenue grow 31% to $571 million, while its advertising and other revenue surged 99% to $134 million.

So What?

Zynga stock remains up by about 8% since it published results earlier this week.

See Our Complete Analysis For Zynga

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since 2016.

Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates
Rate   |   votes   |   Share

Comments

Name (Required)
Email (Required, but never displayed)
Be the first to comment!