QUOTE AND NEWS
SeekingAlpha  Aug 29  Comment 
By Marshall Hargrave: King Digital (NYSE:KING) reported 2Q earnings of $0.52 a share (growing 29% y/y), ahead of consensus of $0.50. But shares still took a beating, falling over 20% on the earnings announcement - driven by weak revenue growth and...
Motley Fool  Aug 28  Comment 
Betting on licensed brands for mobile games is a huge risk, but the rewards could also be huge.
SeekingAlpha  Aug 27  Comment 
By Options Calling: Zynga (NASDAQ:ZNGA) has become famous over the last few years for both good and bad reasons. The company once touted as the most promising social gaming company went on to become a market leader in the business a couple of...
SeekingAlpha  Aug 26  Comment 
By ValueWalk: By Michelle Jones Zynga's (NASDAQ:ZNGA) initial public offering was one of the most highly anticipated of 2011, but the company has only disappointed investors. The same has been true more recently with King Digital...
TechCrunch  Aug 21  Comment 
 The North America digital game market is worth $11.8 billion, but it’s proven tough to navigate for high-profile companies like Candy Crush maker King and Zynga. But Japanese gaming company gumi is undeterred. It announced today that it will...
TheStreet.com  Aug 19  Comment 
NEW YORK (TheStreet) -- Good day traders! Today's top swing picks are Apple , Amarin and Zynga . Read More: 10 Stocks Carl Icahn Loves in 2014 1. First, let's look at the mega-awesome computer and phone manufacturer, Apple. Apple traded...
SeekingAlpha  Aug 18  Comment 
By IAEResearch: Zynga (NASDAQ:ZNGA) has been on a steep decline since March, and the stock has come down from $5.75 in March to $2.85 - this shows a decline of more than 50%. The stock had been doing well in the previous months, and the stock had...
TheStreet.com  Aug 14  Comment 
NEW YORK (TheStreet) --TheStreet Ratings team rates Zynga Inc.  as a "sell" with a ratings score of D. Shares of Zynga are up 0.88% to $2.86 on Thursday morning. TheStreet Ratings Team has this to say about their recommendation:Must...
DailyFinance  Aug 13  Comment 
Filed under: Company News, Earnings, Entertainment Industry, Stocks, Investing www.candycrushsaga.com King Digital Entertainment (KING) has tried to set itself apart from casual gaming rival Zynga (ZNGA) in its brief life as a publicly traded...
SeekingAlpha  Aug 13  Comment 
ByAli Yasar: Zynga (NASDAQ: ZNGA) is one of the stocks that have been mercilessly punished by the market in 2014. This punishment has been so severe that the market values Zynga only about $1/share as a gaming company, excluding its cash and real...




 
TOP CONTRIBUTORS

Zynga (NASDAQ:ZNGA) develops social game to be played on there internet. In particular, Zynga has focused on developing games to be played on Facebook, the social network platform. The games are meant to be easily accessed and social in nature. Because the games are deployed online, updates and changes can be made continuously. Rather than charging consumers for individual use, Zynga offers its games for free. Instead, the company makes money by advertising and selling virtual goods through the games.[1]


Business Overview

For the full year 2010, Zynga report a total revenue of $597M. This was a 393% increase over the $121M reported for 2009. The company's net income for 2010 was $91M. The previous year, Zynga reported a net loss of $53M.[2]


New Updates

The company's initial public offering of stock on the NASDAQ occurred on December 15, 2011. The company offered 100M shares each for $10. This was at the high end of the $8.5-$10 price range. The deal raised a total of $1B. The lead managers of the deal were Morgan Stanley and Goldman.[3]

Trends & Forces

Reliance on Facebook

While Zynga plans to create social games in general, the company has historically heavily focused on Facebook. This relationship works well for Facebook as Zynga's games encourage individuals to pass more time on the site. However, if Facebook decides to enter the game space, the two would become direct competitors. This is problematic for Zynga as its games run of Facebook's platform. Furthermore, even if Zynga does diversify to other social platforms, it will still be reliant on the platforms cooperation.[4]

  1. ZNGA S-1/A 2011 PROSPECTUS SUMMARY "Overview" pp.1-2
  2. ZNGA S-1/A 2011 PROSPECTUS SUMMARY "Summary Consolidated Financial Data" pp.9-10
  3. Renaissance Capital - IPO Home "Zynga prices high-profile deal at $10 in largest tech IPO since Google" 15 Dec 2011
  4. Seeking Alpha "7 Reasons to Ignore the Zynga IPO Hype" 14 Dec 2011
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