January 21, 2014
Zynga to Discuss Fourth Quarter and Full Year 2013 Results on February 6, 2014 Via Webcast
SAN FRANCISCO, Jan. 21, 2014 (GLOBE NEWSWIRE) -- Zynga Inc. (Nasdaq:ZNGA), a leading social game developer, will hold a conference call to discuss financial results for its fourth quarter and full year 2013 on Thursday, February 6, 2014, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time), following the release of its financial results after the close of market.
The live webcast of Zynga's earnings conference call can be accessed at investor.zynga.com. Following the call, a replay of the webcast will be available through the website.
Forward-Looking Statements
The conference call and webcast will contain forward-looking statements relating to, among other things, our financial expectations and business prospects, our future operational and strategic plans, upcoming games, features and technologies, and the success of our games and network generally. Our actual results could differ materially from those predicted or implied, and reported results should not be considered as an indication of our future performance. Factors that could cause or contribute to such differences include, but are not limited to, our relationship with Facebook or changes in the Facebook platform or to our agreements with Facebook, attrition and declines in our existing games, our ability to launch new games in a timely manner and monetize these games effectively on the web and on mobile, our ability to control and reduce expenses, our exposure to illegitimate credit card activity and other security risks, our ability to anticipate and address technical challenges that may arise, competition, the changing interests of players, intellectual property disputes or other litigation, asset impairment charges, our ability to retain key employees, acquisitions by us and changes in corporate strategy or management.
Source: Zynga Inc.
ZNGA has been on a very slow incline over the course of the past year. Investors have been hopeful that Don Mattrick would revive ZNGA back to, at least, the levels of ZNGA’s IPO. Since Q2‘12 Zynga’s revenues have been on a steady decline.
Zynga no longer boasts a top 10 Facebook App.
The direction of the company is clearly uncertain. One can only speculate what will be announced regarding Zynga’s financials on Feb 6, 2014. We fear more of the same.
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