Share on StockTwits

Zynga Inc on Thursday reported unexpectedly weaker second-quarter bookings, and slashed its 2014 forecast after saying it had delayed several games including a revamped version of “Zynga Poker.” Shares in the San Francisco-based mobile gaming company, known for the “FarmVille” game, were down 9 percent in after-hours trading on the Nasdaq after ending Thursday’s session up 13 cents at $2.92. Other delayed titles included “Words with Friends” and mobile games from Natural Motion, a studio it acquired for $527 million in January.



“Zynga Cuts 2014 Forecast, Delays Various Gaming Titles” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.