Try our new beta!Click here
40°
Submitted by Origummy 1222d ago | opinion piece

How Zynga can get its groove back

Zynga pre-announced yesterday weaker than expected earnings for the third quarter, which follows a previously horrible second quarter. Zynga’s new game The Ville underperformed, it had to write off $90 million from the OMGPOP Draw Something acquisition, CEO Mark Pincus may have hinted at layoffs in an internal memo, and people are leaving (the founding creators behind Words with Friends are the latest two). The stock has dropped today to $2.30 a share (far below the $10/share IPO price). (Casual games, Zynga)

Add comment

You need to be registered to add comments. Register here or login
Remember
New stories
20°

Press Start: Metal Gear Solid V: The Phantom Pain pulls focus from the story, and that's OK

2m ago - Metal Gear Solid V: The Phantom Pain is the first main entry in the series to sidestep the franch... | PC
30°

New Lego Marvel’s Avengers deals

3m ago - GMD: Lego Marvel’s Avengers hasn’t been out long, but we’re starting to see retailers get itchy f... | PC
Ad

Guess N4G Game of the Year Winners, win a $300 Amazon Gift Card

Now - Also enter for a chance to win a gift card for writing a user blog, writing a user review, or being a top contributor for the month. | Promoted post
20°

Ready to give Battlefield: Hardline a go at these prices? [UK]

3m ago - GMD: Battlefield: Hardline turned out way better than we originally hoped and features the best c... | PC
20°

Hitman Intro Pack - WorthPlaying Hands-On Preview

3m ago - WorthPlaying writes, "Hitman: Absolution was a commercial success for Square Enix and Io-Interact... | PC
30°

Hitman 2016 is Blood Money's true successor | VideoGamer

5m ago - VideoGamer: "IOI has combined Blood Money's sandboxes with the best of Absolution to create a sup... | PC