Zynga has had a long march over the past five years as it has tried to recapture a position in mobile games that mirrors what it once had in Facebook social games. As Facebook desktop games have declined, the company has launched new games in its CSR, FarmVille, and social casino slots franchises on mobile.
And under new CEO Frank Gibeau, Zynga is making progress, based on an earnings report yesterday. It has remade its management team and launched new versions of its big franchises, such as FarmVille: Tropic Escape. To show confidence in the turnaround, Zynga pledged to buy $200 million in stock back from investors over the next couple of years.
Unlock premium content and VIP community perks with GB M A X! Join now to enjoy our free and premium perks.
Join now →
Sign in to your account.