26 07 12

Zynga’s Q2 disappointment is a warning for music services

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Shares in social games company Zynga fell off a cliff last night, falling 37% to $3.18 – they originally traded at $10 when the company went public in December 2011. Why? Zynga missed analyst expectations for its Q2 financials, as it reported revenue of $332m and a net loss of $22.8m for the quarter. Here’s the…

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Stuart Dredge
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