Zynga generates $175M in revenue as it measures up to Wall Street expectations

Social gaming isn’t the moneymaking industry it once was, and Zynga embodies this.

Zynga lost 1 cent per share in the last quarter ending Sept. 30. That is right in line with Wall Street’s expectations. The company generated $175 million in revenue, which is down from $202 million over the same period in 2013. While the company continues to lose cash, it is seeing a growth in its mobile business that it could potentially turn into something bigger.