Company Of The Day: Zynga

November 12th, 2021 by Trefis Team
9.50
Trefis
ZNGA: Zynga logo
ZNGA
Zynga

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?

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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

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