Submitted by Fox First at Ten on October 22nd
By The Associated Press
Facebook and other companies that went public recently will start reporting quarterly earnings later this month, generally for the July-September quarter.
Zynga Inc., the maker "FarmVille" and other online games, has announced that it expects a loss for the third quarter due to weak demand for some of its titles. It's also taking a charge related to its acquisition of OMGPop, a mobile game maker, which it bought for $183 million in March. Zynga's stock fell on the next trading day.
Here's a schedule for earnings reports from some tech companies that had IPOs since last year. The companies are all loosely Internet-related, though their businesses vary widely.
- Tuesday: Facebook Inc. (first day of trading on May 18, 2012)
- Wednesday: Zynga Inc. (first day of trading on Dec. 16, 2011), Angie's List Inc. (first day of trading on Nov. 17, 2011)
- Nov. 1: LinkedIn Corp. (first day of trading on May 19, 2011), Yelp Inc. (first day of trading on March 2, 2012)
- Nov. 5: Jive Software Inc. (first day of trading on Dec. 13, 2011)
- Nov. 8: Groupon Inc. (first day of trading on Nov. 4, 2011)
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