Seeking Alpha

Zynga (ZNGA): Q1 EPS of $0.01 beats by $0.05. Bookings of $229.8M (-30% Y/Y) beats by $20M....

Zynga (ZNGA): Q1 EPS of $0.01 beats by $0.05. Bookings of $229.8M (-30% Y/Y) beats by $20M. Expects Q2 bookings of $180M-$190M and EPS of -$0.04 to -$0.03, below a consensus of $236.1M and -$0.01. Shares -13.4% AH. (PR)
Comments (5)
  • This company is totally imploding, revenue disappearing. I'd short it:
    25 Apr 2013, 01:29 AM Reply Like
  • Agreed. With one minor caveat. Expect a one-sided partnership stateside in Nevada, New Jersey or Delaware with a casino that is lined up for online gambling. By one-sided I mean Zynga providing everything at no cost to its partner whatsoever.
    25 Apr 2013, 03:50 AM Reply Like
  • One of the best stocks I ever bought was Chrysler, when I was 14. I'm 66. I wish more learning would have occurred in 50 years, but whatever. Good luck.
    25 Apr 2013, 03:58 AM Reply Like
  • AND....the bears came out in force as Zynga tumbled below $3.00. So now what does a trader-investor do?
    Not a darn thing! Not now. Z is not in play, not at this time.
    Hold your water, there is money to be made but it is in the future. Be patient . When you do enter or it slowly and for those who cannot wait........use options, more bang for your buck.
    25 Apr 2013, 04:03 AM Reply Like
  • they deserved it
    25 Apr 2013, 04:06 AM Reply Like
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