IB Net Payout Yields Model

The Zynga Inc Turnaround Is Real


The market doesn't seem to like it, but the first-quarter earnings results from Zynga (NASDAQ: ZNGA  ) provided solid indications that the company's turnaround is for real. After a little over two years of large declines in most metrics, the social game developer is finally showing some signs of live.

The company hired Don Mattrick away from Microsoft to be the CEO nearly 10 months ago. With this release, former CEO Mark Pincus is now stepping away from his position leading the product development group to only focus on the Chairman position. This is another sign that Pincus is letting go of the past and allowing the highly respected Mattrick to run the company.

Read the full article here.


Disclosure: Long ZNGA. Please review the disclaimer page for more details. 



Comments

This is another sign that Pincus is letting go of the past and allowing the highly respected Mattrick to run the company.

Popular posts from this blog

Aurora Cannabis: Deal Or No Deal

C3.ai: Trough Quarter

C3.ai: Out Of Steam (Rating Downgrade)