such as Farmville and Cityville, announced their financial statements. Surprisingly, they experienced lower profitability in the quarter ending in June.
In total, the income of the company in April, May and June this year reportedly reached U.S. $ 1.4 million. This figure represents a decrease of 90 percent that they get exactly one year ago in the same period.
From the side of revenue, the company managed to achieve an increase of 114 percent over the same quarter in 2010. As for the 'book' which were achieved by Zynga also fell by 4 percent during the quarter. This is the first decline in four years of corporate history.
Bookings, by Zynga, is a fundamental metric that is used to manage the company. It reflects sales activity within a specific time period.
Previously, the startup game companies "Zynga", took a big step, with registered public offering of shares to the public, to the Securities and Exchange Commissionon in July 1, 2011.
But today, After a promising start, Zynga Inc.'s shares dropped below its $10 offering price the day it debuted on Nasdaq, closing at $9.50, as investors show signs of weariness over companies with major social networking components.
Zynga debut is the latest test for an IPO that hit the market after the summer slump. Many other technology companies new plans IPO earlier this year before the stock market thrashed by the crisis in Europe and the debt ceiling line in Washington.