Zynga Inc. (ZNGA) reported that its fourth-quarter net loss attributable to common stockholders was $435.01 million, compared to net income of $16.06 million in the same quarter last year. On per share basis, net loss for the quarter was $1.22 compared to net income of $0.05 for the fourth quarter of 2010.
The latest quarter results included $510 million of stock-based compensation expense for restricted stock units issued to employees that was previously unrecognized until triggered by initial public offering.
Non-GAAP earnings per share was $0.05 for the fourth quarter of 2011 compared to $0.09 for the fourth quarter of 2010.
Total Revenue was $311.24 million up from $195.76 million in the year ago quarter. Bookings were at a record level of $306.5 million for the fourth quarter of 2011, an increase of 26% compared to the fourth quarter of 2010 and an increase of 7% compared to the third quarter of 2011.
Looking ahead for fiscal 2012, non-GAAP earnings per share is projected to be in the range of $0.24 to $0.28. Bookings are projected to be in the range of $1.35 billion to $1.45 billion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.