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Zynga Posts $311 Million Q4 Earning But Still Deals With Loss

The creator of FarmVillle, the social gaming company Zynga made it clear that it exceeded Wall Street predictions, when it published its quarterly earnings for Q4 of 2011. This week Zynga announced its first financial results as a public company. It turns out it has added up to $311.2 million of revenue. Analysts estimates weren’t too far fetched either – with $301.08 million – but every battle won, brings victory one step closer.


The company also registered a loss of $435 million, or $1.22 cents per share, when compared with the numbers from a year ago – net income of $ 42 million or $5 cents share. And that’s not all, Zynga stock appears to have gone downwards 5.61% to $13.59 in after-hours trading. Zynga stock was set to 7% earlier this week, before the quarterly earnings were released.

Daily active users were reported to be 54 million in the last quarter of 2011, active monthly users saw an increased of 23% to 240 million in the time period. Monthly unique users scored 153 million, which represents an increase of 38% year-over-year.

In 2011, Zynga launched 12 new games – 4 on the web and 8 on mobile. Also Zynga is responsible for releasing the top 5 most popular games on Facebook. The iOS is no stranger to Zynga fun either sporting games like Dream Zoo, Words with Friends or Zynga Poker.

Source

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