135.00 Dollar US$ Zynga forecasts holiday-quarter bookings below estimates Villach-Volkendorf

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Funeral Director Published date: December 2, 2017
  • Country: Canada
  • Region: CARINTHIA
  • City: Villach-Volkendorf
  • City area: 9500
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"gardenscapesBy Anya George Tharakan

Nov 2 (Reuters) - "FarmVille" creator Zynga Inc forecast lower-than-expected bookings for the holiday season, as the company's much-awaited game "Dawn of Titans" is slated to launch gardenscapes level late into the quarter.

Shares of the company fell 5 percent to $2.60 in light after-market trading on Wednesday.

The company forecast current-quarter bookings in the range of $185 million to $195 million, below the $201.4 million expected by analysts polled by research firm FactSet StreetAccount.

Bookings, an important metric indicating future revenue, include the sales of virtual goods such as currency and lives.

The company's action-strategy game, "Dawn of Titans", is the last of the 10 games Zynga committed to release in 2016.

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