On Wednesday, Shares of Zynga, Inc. (NASDAQ:ZNGA), gained 4.40% to $2.61.
Zynga, declared financial results for the first quarter ended March 31, 2015.
Business and Audience Highlights
- Outperformed high end of Q1’15 outlook with bookings of $167.4 million, Adjusted EBITDA of $2.1 million and Non-GAAP net loss of $6.7 million in the first quarter of 2015.
- Continued to make progress in our transition to mobile, with mobile bookings now 63% of total bookings in the first quarter of 2015 — up 84% year over year.
- Grew average daily bookings per average DAU (ABPU) 18% year over year.
- Drove mobile audience growth, with first quarter mobile daily users up 18% year over year and 9% sequentially and mobile monthly audience up 29% year over year and 9% sequentially.
- Ongoing efforts to grow and sustain Zynga’s core franchises — FarmVille, Zynga Casino andWords With Friends — resulted in 28% aggregate growth year over year in terms of first quarter bookings across the franchises.
- Zynga Casino franchise delivered bookings growth of 55% year over year and 14% sequentially.
- In the first quarter 2015, we reached the mobile Action Strategy and mobile Match 3 categories with the geo-lock launches of Dawn of Titans, Empires & Allies and FarmVille: Harvest Swap.
Zynga Inc. develops, markets, and operates online social games as live services played on the Internet, social networking sites, and mobile platforms in the United States, Asia, and Europe.
Shares of Frontier Communications Corporation (NASDAQ:FTR), declined -11.87% to $5.94, during its last trading session.
Frontier Communications, declared that it has invested nearly $100 million in its Pennsylvania operations since 2011, counting about $20.5 million in 2014.
Major capital expenditures supported engineering initiatives to enhance broadband speeds and improve network infrastructure for residential and commercial customers in Bedford, Berks, Bradford, Bucks, Carbon, Chester, Columbia, Dauphin, Fulton, Lackawanna, Lancaster, Lehigh, Luzerne, Lycoming, McKean, Monroe, Northampton, Potter, Schuylkill, Sullivan, Susquehanna, Tioga, Wyoming and York counties.
As a competitive local exchange carrier, Frontier provides primarily commercial services in Wilkes-Barre/Scranton/Hazleton, Lancaster/Reading/York, Harrisburg and Williamsport.
Frontier Communications Corporation, a communications company, provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States.
At the end of Wednesday’s trade, Shares of Intel Corporation (NASDAQ:INTC), lost -1.29% to $32.22.
Intel Corporation, declared the Intel® Xeon® processor E7-8800/4800 v3 product families, delivering accelerated business insight through real-time analytics and improved performance and reliability for mission-critical computing.
Real-time business intelligence is a top priority for companies across the full spectrum of industries, from healthcare to retail to telecommunications, among others. The need to rapidly extract actionable insight from large volumes of data is driving demand for new technologies for in-memory computing and big data analytics. Considering the current and future demand for in-memory computing, Gartner believes that revenue in this market will exceed $9.5 billion by year-end 2018, and at least 50 percent of large organizations will adopt in-memory computing to enable digital business strategies.
The Intel Xeon processor E7 v3 family assists customers to securely process and analyze massive data sets in system memory for faster decision-making and improved operational efficiency, giving companies a competitive edge.
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.
Finally, AT&T, Inc. (NYSE:T), ended its last trade with -1.01% gain, and closed at $33.38.
AT&T, will webcast a keynote address by John Stephens, Senior Executive Vice President and Chief Financial Officer, AT&T Inc., at the Jefferies 2015 Global TMT Conference in Miami, FL on Wednesday, May 13 at 12:15 p.m. ET. The webcast will be accessible live and for replay at AT&T Investor Relations.
AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.
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