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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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