Zynga has been a fascinating earnings story for the last year or so. Its revenues and bookings keep climbing -- the company's doing great! But it keeps posting these huge losses thanks to two studios it acquired last year doing....extremely well.https://twitter.com/GIBiz/status/1291138720805027841 …
I admit I don't *fully* understand the situation here (nor has Zynga disclosed the terms) but it seems like both portfolios are doing just WILDLY better than Zynga expected in the terms it gave the companies.
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Like, last quarter, Zynga expected a net loss of $25 million from these alone. It got a net loss of $120 million.
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I very badly want an analyst who understands this better than I do to explain it to me, because it just seems inexplicable to me, especially since Zynga KEEPS ACQUIRING MORE STUDIOS and I feel like this should maybe mean hitting the brakes (or offering different terms at least)
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If its having a material impact at the Zynga level, I do wonder about foul play or simply inept legal advisors. We wont ever see the terms of the deal but it's interesting to see it happen at that scale.
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Wydaje się, że ładowanie zajmuje dużo czasu.
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