via allthingsd.com
Zynga’s fourth-quarter earnings are just rolling in, and they look good compared to the company’s already lowered expectations for the period.
Minutes after the release went out, Zynga’s stock was up nearly 5 percent to $2.88 a share. During regular trading today, Zynga’s shares were already higher based on an analyst’s upgrade.
Here’s what it reported:
The social games company said bookings for the year totaled $1.15 billion to beat the company’s forecast of $1.1 billion (bookings account for the sales from virtual goods that occur in the fourth quarter).
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