With New CEO Mattrick At Helm, Zynga Reports Loss of $16M And Revenue Decline Of 31%

Zynga’s revenues for the second quarter of 2013 declined 31% year-over-year to $231 million in the midst of a challenging transition that saw former CEO Mark Pincus hand over the reins to Don Mattrick. The company had a net loss of $16 million compared to last year’s net loss of $22.8 million during the same … Continue reading

Facebook’s Q3: Looking for the Latest on Mobile Ad Performance

Facebook knocked last quarter’s earnings out of the park. As we approach Facebook’s third-quarter earnings come Wednesday afternoon, can the social giant go two for two? That hinges, of course, on the high bar the company set for itself in mobile. After nearly a year of little traction in the mobile monetization space, Facebook’s mobile … Continue reading

Samsung Q2 Profits Up 47.5%, But Operating Profit At Its Mobile Division Slows

As the worldwide smartphone market slows, Samsung’s second-quarter earnings showed that it is beginning to feel the pressure despite being the world’s top smartphone vendor. Samsung said its Q2 2013 operating profit increased 47.5% to $8.5 billion, in line with the company’s own estimate. Operating profit at its mobile division, which accounts for two-thirds of … Continue reading

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