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Earnings Roundup: ZNGA, SBUX, MDRX, ANGI

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HFA Staff
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Earnings Roundup: ZNGA, SBUX, MDRX, ANGI

 

Another roundup of earnings that will move the market today:

Zynga Inc (NASDAQ:ZNGA) posted surprising positive earnings yesterday after the market closed. The firm had adjusted net earnings of 6 cents per share or a total of $47 million. the firm's revenues for the same period were $321 million above analysts expectations of $318 million. the company is one to watch as the Facebook IPO gets closer. Facebook derives a large portion of its revenue from the 30% cut it takes from Zynga in return for providing the platform. It will be more and more important to investors to...

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.