Zynga (ZNGA): Q3 EPS of $0.00 beats by $0.01. Revenue of $255.6M (-11% Y/Y) misses by $0.8M....

Zynga (ZNGA): Q3 EPS of $0.00 beats by $0.01. Revenue of $255.6M (-11% Y/Y) misses by $0.8M. Expects 2012 bookings of $1.09B-$1.1B, in-line with lowered guidance. Expects 2012 EPS of $0.02-$0.03, below consensus of $0.04. Announces $200M stock buyback plan and partnership with U.K. online gambling site bwin.party. Shares +11.8% AH. (PR)
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Comments (4)
  • stelin200000
    , contributor
    Comments (56) | Send Message
    shorts are covering now
    24 Oct 2012, 04:18 PM Reply Like
  • ATG1977
    , contributor
    Comments (159) | Send Message
    gluu good
    24 Oct 2012, 09:34 PM Reply Like
  • Daniel Radakovich
    , contributor
    Comments (1016) | Send Message
    Wait, it went public, now it wants to buy back its shares?


    That makes no sense what so ever.


    24 Oct 2012, 09:47 PM Reply Like
  • winningtrader
    , contributor
    Comments (2459) | Send Message
    ZNGA is not a sustainable business. This surge is likely to prove temporary. Read what happened: ZNGA beats earning and Q3 earnings are 0 ... This is like ZERO. This stock is going to $1.
    25 Oct 2012, 07:52 AM Reply Like
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