Social mobile gaming company Zynga made Wall Street investors cringe this week. It beat earnings expectations in its fourth fiscal quarter earnings report on Wednesday, but chief executive Mark Pincus offered cautious guidance for the next quarter and delayed two major games. The company’s stock fell, and its valuation slipped from $1.9 billion to $1.7 billion. Zynga still […]
Why Zynga founder Marc Pincus is confident about the former juggernaut's turnaround
Venture Beat - 14 Feb 2016 20:05
Social mobile gaming company Zynga made Wall Street investors cringe this week. It beat earnings expectations in its fourth fiscal quarter earnings report on Wednesday, but chief executive Mark Pincus offered cautious guidance for the next quarter and delayed two major games. The company’s stock fell, and its valuation slipped from $1.9 billion to $1.7 billion. Zynga still […]
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