Seeking Alpha

Zynga (ZNGA) +2.1% AH, LinkedIn (LNKD) +1.7%, and YELP +1.5% after Facebook blows away Q2...

Zynga (ZNGA) +2.1% AH, LinkedIn (LNKD) +1.7%, and YELP +1.5% after Facebook blows away Q2 estimates courtesy of a 75% Q/Q increase in mobile ad sales. Facebook's Payments & Other revenue (relevant to Zynga) rose slightly Q/Q and 11% Y/Y in the face of a shift in gaming activity towards mobile (where Facebook doesn't get a 30% cut). The mobile ad growth comes as LinkedIn begins rolling out Sponsored Updates, a news feed ad product very similar to Facebook's popular Sponsored Stories. Zynga reports tomorrow, Yelp on July 31, and LinkedIn on Aug. 1.
Comments (1)
  • That's an improvement . ZNGA have integrity they pay off their creditors. My pixel shares are in soli foundation. I will prosper with Znga and Fb. I have enough of last year's nostalgic media hype. Too much candy causes decay ,obesity & diabetes. Poker cards are high in fiber just ask the ZNGA logo.
    24 Jul 2013, 11:37 PM Reply Like
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