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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 …

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  1. Simon Rockman

    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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    1. asdf
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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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  2. Anonymous Coward
    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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  3. ecofeco Silver badge
    Paris Hilton

    Their day in the sun

    Is over.

    Welcome to the Internet.

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  4. eezatehgeeza

    monthly unique paying players earnings targets...

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  5. LordWilmore

    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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    1. Cliff
      Reply Icon

      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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    2. Anonymous Coward
      Reply Icon
      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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    3. h3
      Reply Icon

      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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    4. Anonymous Coward
      Reply Icon
      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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  6. Pascal Monett Silver badge
    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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  7. ZippedyDooDah
    Facepalm

    Corporate Speak

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

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  8. Jason Ozolins
    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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