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What: Shares of social gamer Zynga
So what: Revenue came in at $332 million, turning into an adjusted profit of just a penny by the time it reached the bottom line. Analysts were looking for more up top and down below, calling for $343.1 million in sales and $0.06 per share in profit. On a GAAP basis, the company lost $22.8 million, or $0.03 per share.
Now what: Bookings fell 8% sequentially to $302 million as the company saw declines in player engagement on its Web games. It also cited changes in Facebook's
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Fool contributor Evan Niu holds no position in any company mentioned. Click here to see his holdings and a short bio. The Motley Fool owns shares of Facebook. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.