San Francisco game developer Zynga sees rise on acquisition, layoffs
Zynga surprised Wall Street by posting its fourth quarter earnings a week ahead of its scheduled earnings announcement, to coincide with a recent acquisition.
social gaming
Zynga earnings rise, then fall in after-hours trading
In its first earnings report as a publicly traded company, Zynga (NASDAQ: ZNGA) announced over $435,000 in net income losses for the fourth quarter of 2011 and a 13 percent growth in its daily active user base.