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Zynga confident of recovery despite 2013 revenue decline

31st January 2014 9:10 am GMT

Social gaming giant Zynga has reported a 43 per cent drop in revenue for the fourth quarter of last year, but has highlighted growth in its With Friends and Zynga Casino franchises as a precursor to a recovery across the business in 2014.

Revenue for the quarter fell to $176.4m for the quarter ending December 31st, with online game revenue dropping 44 per cent year-on-year to $152m. Advertising revenue also declined, falling 35 per cent year-on-year [...]

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