Zynga reported mixed results for the third quarter that ended September 30, beating revenue and bookings expectations but falling short on its profits after adjusting for one-time gains.
It’s a bit complicated to figure out, as Zynga is doing a lot better than it said it would, but for various reasons, it isn’t making as much profit as expected. But those who delve into the numbers would probably agree that the profit shortfall isn’t a bad problem. In after-hours trading, Zynga’s stock price is up 4.2% to $6.47 a share.
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