Zynga pleas for time on turnaround as loss forecast knocks shares

By Gerry Shih SAN FRANCISCO (Reuters) - Zynga Inc's management on Wednesday pleaded for more time for its turnaround effort after the online game maker forecast a steeper-than-expected loss for the current quarter, sending its shares lower. The embattled publisher behind games such as "FarmVille" and "Words With Friends" reported a surprise profit for its latest quarter through steep cost-cutting, but Chief Executive Mark Pincus said Zynga's business, although stabilized, may not pick up until the latter half of the year. ...

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