Zynga Cuts Revenue Outlook For 2012, Q3; Cites Weakness In Certain Games Including The Ville

Gaming company Zynga has just released preliminary financial results for the third quarter of 2012, lowering its outlook for the year. The company expects to report full Q3 results October 24. Zynga expects to report revenue in the range of $300 million to $305 million and bookings in the range of $250 million to $255 million for the third quarter. The company also says it will report a net loss of between $90 million and $105 million, non-GAAP net loss between $2 million and $5 million and adjusted EBITDA between $10 million and $15 million for the third quarter.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/aozSoLxPAFM/

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