Zynga Announces Fourth Quarter 2016 and 2016 Financial Results
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Zynga (ZNGA) PT Lowered to $3.20 at Mizuho Securities; Reiterates Buy
February 10, 2017 1:09 PM ESTMizuho Securities lowered its price target on Zynga (NASDAQ: ZNGA) to $3.20 (from $3.50) while maintaining a Buy rating. The company posted bookings of $202m and adjusted EBITDA of $21.6m that handily beat Street expectations for $195m/19.0m. For 1Q17, the company guided to... More
UPDATE: UBS Reiterates Buy on Zynga (ZNGA) Following 4Q
February 10, 2017 9:17 AM EST(Updated - February 10, 2017 9:21 AM EST)
UBS reiterated a Buy rating and $3.50 price target on Zynga (NASDAQ: ZNGA) following the company's 4Q report.
Analyst Eric Sheridan commented,... More
Wedbush Remains Bullish on Zynga (ZNGA) Following 4Q Report
February 10, 2017 7:55 AM ESTWedbush reiterated an Outperform rating and $4.25 price target on Zynga (NASDAQ: ZNGA) following the company's 4Q earnings report. Bookings were $202 million, vs. consensus of $193 million, and guidance of $185 195 million.
Analyst Michael Pachter commented, "We think that Zynga is a compelling investment.... More
Zynga (ZNGA) Posts Q4 Loss of $0.04/Share
February 9, 2017 4:06 PM ESTZynga (NASDAQ: ZNGA) reported Q4 EPS of ($0.04), which may not compare to the analyst estimate of $0.01. Revenue for the quarter came in at $190.5 million versus the consensus estimate of $192.65 million.
"We had a strong Q4 and made significant progress this year in our turnaround and were encouraged by the fundamentals of our business as we head into 2017. Were pleased with the performance of our live services and the... More
