YOU DUMB FLUCK! ARE YOU ON CRACK ?THEIR Q1 REVENUE FORCASTS BEATS ALL ANALYST PREDICTIONS BY 20%
Zynga's outlook for the first quarter of 2013 is as follows:
Revenue is projected to be in the range of $255 million to $265 million.
Net loss is projected to be in the range of ($32) million to ($12) million.
EPS is projected to be in the range of ($0.04) to ($0.02), based on a share count of approximately 780 million to 790 million shares.
So what's your point? At this price ZNGA's earnings could lose lose up to 4 cents a share and still hold its current valuation. Not to mention the cost cutting (remember the employees and offices closed, as well as the reduction of games) and this is coupled with the launch of RMG. You could be right about ZNGA losing money this quarter but at this price that isnt news its expected, the news is IF we beat!