back to article Zynga banks fluke profit - won't happen again, says CEO

Top dogs at Zynga say the online gaming firm just needs a little more time to turn around its losing streak - after forecasting worse losses than expected for this year's second quarter. The struggling FarmVille maker managed to scrape together a surprise profit for the first three months of this year after cutting costs, but it …

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Perhaps they should put more effort into their software

Their HTML5 implementation of Words With Friends is buggy and slow. Oh, so slow. It takes several minutes to boot on a Windows Phone.

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Trollface

Re: Perhaps they should put more effort into their software

>on a Windows Phone

Well there's your problem right there.

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Anonymous Coward

Someone please think of two more words starting E and T, so their customers can be referrred to as MUPPETs...

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Paris Hilton

Their day in the sun

Is over.

Welcome to the Internet.

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monthly unique paying players earnings targets...

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I just don't get it

" compared to an $85.3m loss in Q1 2012, on revenues of $263.6m"

How does a software company (I'm being generous here) spend 350m in a quarter?

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Re: I just don't get it

I was wondering this too - perhaps they should get a better hosting deal? Or maybe it is exec fees based on their glory days...

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Anonymous Coward

Re: I just don't get it

All those stock options to incentivise and retain executive talent doesn't come cheap!

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h3
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Re: I just don't get it

I agree especially as they have specifically said they don't want originality just clones of things that are popular that other people have.

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Anonymous Coward

Re: I just don't get it

That specific figure caught my attention because I read Pincus took out about 300m of his personal wealth out of the company during that same period! Coincidence?

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Facepalm

Beautiful example of PR-speak here

"[This year] remains a transition year" - yeah, you're transitioning into loss.

"This reflects the challenging environment on the web " - yeah, people are still not dumb enough to pay you real money for your cloning efforts ; what a shame.

"We’re excited about the entire category of the social casino" - man, there are SO many people yet to con ! And so many ways to con them !

"regulatory obstacles that we can't predict or control" - whassatyousay ? gambling is illegal in most states ? Chucks ! Now what do we do ?

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Facepalm

Corporate Speak

"we continue to expect uneven, non-linear results" - we have no idea how bad things will get

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Meh

So they were just another game company after all...

I can' t help remembering the controversy as Zynga executives clawed back stock options issued to employees they saw as undeserving before the IPO.

Somehow the job of running a real business turns out to be more difficult than fleecing a bull market of its silly money. Hubris, meet Nemesis.

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