ZNGA is up after announcing 3rd qaurter revenues.
Las Vegas, NV -- (SBWIRE) -- 10/26/2012 -- At 30,000 Visitors a Month and growing rapidly OTCMagic is all about Hot Penny Stocks. For up to date information on the hottest Penny Stocks of the day please visit us.
Zynga Inc. (NASDAQ: ZNGA) the leading social game developer responsible for such favorites as FarmVille, FrontierVille and Mafia Wars reported 3rd quarter revenues of $52 million as compared to a net income of $12 million during same period last year slightly beating expectations.
On the business side monthly unique visitors increased from 54 million to 60 million, showing a 10% increase year over year however there was a 28% decline in monthly payers an alarming trend for Zynga which is beginning to face stiff competition from mobile apps.
OTCMagic.com has published a new article on ZNGA that looks at where the stock is now and where it is going in the coming weeks. To read the article please go here: ZNGA
OTCMagic.com Spends all day scouring the markets for the next huge Penny Stock Winner. Investors have come to trust us for our up to date commentary on all hot stocks so please visit OTCMagic.com right now and see what it’s all about for yourself!
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PLEASE NOTE: OTCMagic.com employees are not registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://OTCMagic.com/disclaimer. Release of Liability: Through use of this website viewing or using you agree to hold OTCMagic.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss monetary or otherwise, damage monetary or otherwise, or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. OTCMagic.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCMagic.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCMagic.com. We make no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to buy or sell any securities. Any claims or Statements should be deemed hypothetical. OTCMagic.com, nor any of its affiliates are not registered investment advisors or broker dealers.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)