More on Zynga's Q3: Buyback good for acquiring 11% of shares at current levels. Daily active...

|About: Zynga (ZNGA)|By:, SA News Editor

More on Zynga's Q3: Buyback good for acquiring 11% of shares at current levels. Daily active users totaled 60M, +10% Y/Y but -17% Q/Q. Monthly unique payers were a mere 3M, -28% Q/Q (Draw Something is blamed). Average daily bookings/user were $0.047, -19% Y/Y and roughly flat Q/Q. Ad revenue +64% Y/Y but -24% Q/Q. R&D expenses +35% Y/Y and 61% of bookings (the job cuts might just be getting started). Zynga and bwin.party plan to launch 180 casino games in 1H. CC at 5PM ET (webcast). ZNGA +16% AH. (PR)