Social game developer
Zynga (NASDAQ: ZNGA), which has struggled mightily since coming public, reported fourth-quarter earnings and revenue results which came in ahead of Street consensus. The stock gapped higher at Tuesday's open and closed the trading session with a gain of more than 7 percent. In the after hours, traders have pushed ZNGA up another 5 percent on the back of bullish results. The company reported a loss of $48.6 million or $0.06 per share, compared to a massive $435.0 million or $1.22 per share, loss in last year's fourth-quarter. ...
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"Benzinga earnings"