Analyst forecasts Zynga Q4 revenues above $335m
Thursday, 9th February 2012 at 7:34 pm
Michael Pachter predicts strong growth for social gaming company
Zynga's holiday quarter revenues could be more than $335m, an analyst has claimed.
The Farmville dev is expected to reveal its Q4 earnings on Tuesday, but analysts already promise a strong quarter for the company.
The Q3 report showed a profit of $12.5m, less than half of that for the preceding year.
But with an estimated growth of active users by seventeen percent over the quarter, and a solid launch for several games in recent months, Michael Pachter told Gamasutra feels that Zynga is, "well positioned for long-term growth."
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