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Zynga's Q3 revenue beats Street view, shares up 16 percent

Oct 25, 2013    

San Francisco Zynga Inc's shares climbed 16 percent on Thursday after the maker of the online game "FarmVille" reported third-quarter revenue that dropped 68 percent but beat Wall Street's expectations.For the quarter ended Sept 30, the company's Non-GAAP revenue fell to $152.1 million from $256 million for the same period a year ago, but surpassed analysts' average estimate of $142.7 million, according to Thomson Reuters I/B/E/S.Zynga shares were up at $4.10 in after-hours trading after closing at $3.535 on the Nasdaq on Thursday.The company behind once-popular social games such as ...

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