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Zynga Inc (ZNGA) Reports Surprise Profit, Shares Up 7% [UPDATED]

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HFA Staff
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Zynga Inc (NASDAQ:ZNGA) announced its earnings for the last three months of 2012 today. The company reported earnings per share of $0.01 for the period, bringing  in revenues of $311 million during the period. The social gaming company had a tough year in 2012, Zynga was removed from a preferred partner status at Facebook, and saw its stock fall by a huge margin.

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Zynga Inc (NASDAQ:ZNGA) stock performed well in anticipation of the delivery of this earnings report. On today's market the company's shares finished up 7%. Much of the boom in price today may have been due to positive whisper numbers that were being circulated...

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