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Zynga forecasting profitable 2013 despite struggles

Jamie Feltham
October 25, 2013

It sounds like Zynga is on track for damage control over the struggles its faced in 2013.

The mobile games company has said that it will make a slim profit overall this year. That said, it will still have to take restructuring charges into account, which could change all that.

Zynga hopes to renew its franchise with a focus on its games and successful brands like Zynga Poker. Active users of the company’s games have halved in Q3 year-on-year, registering at 30 million for 2013 where it was 60 million last year. It also suffered hits in revenue.

Despite this, the company is said to be in a better-than-expected shape. Perhaps its 2014 will see its fortunes shift, but it will have to have a profitable Q4 beforehand.

Source: NDTV

About the Author

Jamie Feltham

Videogamer, music listener, squash player, exerciser, technology journalister. Multimedia journalism graduate, writing for the What Mobile mag and website

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