Zynga Earnings Preview: Mobile Expansion In Focus |
August 07, 2014 | August 2014 Bond Updates |
Compared to bookings of $161 million in Q1 2014, Zynga expects the figure to increase to roughly $185 million (mid point of guidance) in the second quarter of 2014, with adjusted EBITDA of $10 million to $20 million. This is the third quarter when Zynga will see such sequential growth, which clearly indicates that the business is picking up following a steep decline in early 2013. |
View more at: http://www.forbes.com/sites/greatspeculations/2014/08/06/zynga-earnings-preview-mobile-expansion-in-focus/ |
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