Social Gaming Company Zynga Filing On San Francisco Based $228 Million Building Deal

Posted on Mar 6 2012 - 4:24am by Editorial Staff

The latest to add outside social world, the social game maker Zynga bought a building that it is going to use as its San Francisco HQ for $228 million; the company mentioned it in its regulatory filings. Zynga which last week announced that is going to launch a beta version of its game portal on its own game, instead of following the suite on Facebook that it is doing from years – even “interestingly” moving out from world’s largest social networking site reducing the 12% of what Facebook in total earned.

Even earlier the social gaming giant released its Q4 2011 earnings – Zynga accounted the revenue coming in at $311.2 million for the fourth quarter of 2011, an increase of 59% compared to the fourth quarter of 2010. In terms of Diluted EPS, Zynga took s a loss ($1.22) for the fourth quarter of 2011 compared to $0.05 for the fourth quarter of 2010. Non-GAAP EPS was $0.05 for the fourth quarter of 2011 compared to $0.09 for the fourth quarter of 2010.


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