by Karl Utermohlen | December 16, 2013 1:29 pm
Zynga (ZNGA) is one of the most popular video game developers online but only two of the company’s titles made the Facebook (FB) Games of the Year list for 2013.
While many expected FarmVille 2 to be one of the year’s top games, it didn’t make the list because it was released in 2012. Nevertheless, the farming game was inducted into the 2013 Hall of Fame which lists the year’s most popular Facebook games released before 2013 thanks to its 10 million monthly active users (MAU). The other Zynga game on the Facebook Games of the Year list was Hit It Rich Casino Slots which was released in 2013 and has about 1 million MAU.
Zynga’s third-quarter report exceeded analysts’ estimates by more than 1% as the company posted revenue of $203 million. ZNGA stock lost $0.02 per share which still surpassed expectations by about 55%. However, the growing number of popular games on Facebook could affect Zynga’s earnings and scare off ZNGA stock shareholders.
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