Zynga Earnings Preview: Mobile Expansion In Focus

Compared to bookings of $161 million in Q1 2014, Zynga expects the figure to increase to roughly $185 million (mid point of guidance) in the second quarter of 2014, with adjusted EBITDA of $10 million to $20 million. This is the third quarter when Zynga will see such sequential growth, which clearly indicates that the business is picking up following a steep decline in early 2013.