=Zynga (ZNGA) reported earnings on Wed 31 Oct 2018 (a/h)

Zynga beats by $0.03, beats on revs; guides Q4 EPS, revs below consensus

• Reports Q3 (Sep) GAAP earnings of $0.01 per share, $0.03 better than the S&P Capital IQ GAAP Consensus of ($0.02); revenues rose 3.8% year/year to $233.24 mln vs the $224.54 mln S&P Capital IQ Consensus.
• Bookings were $248.9 mln vs. guidance for $248 mln
• Co announces new licensing agreement with Warner Bros. Interactive Entertainment to develop and publish a new Harry Potter Match-3 mobile game. Also announcing a multi-product licensing agreement with HBO to produce two new mobile Game of Thrones titles, the first of which will be a Social Casino Slots game.
• Co issues downside guidance for Q4, sees GAAP EPS of $0.00 vs. $0.02 S&P Capital IQ Consensus; sees Q4 revs of $235 mln vs. $258.96 mln S&P Capital IQ Consensus; sees bookings of $250 million