Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday September 24, 2011

Zynga Profits Drop 90-Percent, Further Threatening Its IPO Status

Zynga has already delayed its bid to launch an IPO this year and now has had another major setback in the profit department. Reported drop in profits were placed at 90%, which could delay even further the bid to push towards an IPO.

To add to the problems, Develop is reporting that Zynga has seen a massive drop in profits in the second quarter ending on July 30