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Zynga Earnings: Second-Quarter Results Bode Well for Turnaround Strategy

TheMotleyFool

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Zynga Earnings: Second-Quarter Results Bode Well for Turnaround Strategy

Zynga (NASDAQ: ZNGA) reported earnings after market close on August 2, delivering sales and earnings results that were better than expectations. The company's transition away from browser-based games continues to make progress, with roughly 86% of sales in the quarter coming from the company's mobile offerings -- up from 76% in the prior year period.

Strong performance from CSR Racing 2 helped Zynga beat expectations in its second quarter; Image source: Zynga.

Here's how sales and earnings stacked up against the prior-year quarter and the preceding-sequential quarter:

Source: Fool.com