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Zynga sees signs of progress in Q4 but full year revenue drops 3%

13th February 2017 7:58 am GMT

Social gaming giant Zynga has reported better-than-expected revenue for the fourth quarter of the year, which chief executive Frank Gibeau claims to be evidence of a turnaround at the company despite it posting a drop in full year revenue for 2016.

Fourth quarter revenue was up 3 per cent year-on-year, with the US$190.5m total above the high end of the company's previous guidance range.

The bulk of this revenue came from online game revenue, which rose 8 [...]

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