Title: How do I read this ... Post by: bbit on April 28, 2012, 04:06:31 AM I've always wondered how does one read this ....
"Zynga posted a loss of $85.35 million on revenue that climbed to nearly $321 million from the $242.9 million seen in the first three months of last year." So they lost revenue but revenue climbed to 321 from 242 how is that a lost ? so confused....I'm bad with math lol Title: Re: How do I read this ... Post by: rjk on April 28, 2012, 04:31:16 AM I've always wondered how does one read this .... Revenue is the gross proceeds, such as all incoming monies, not including any costs of any kind. So more money can flow into a business, which makes revenue go up."Zynga posted a loss of $85.35 million on revenue that climbed to nearly $321 million from the $242.9 million seen in the first three months of last year." So they lost revenue but revenue climbed to 321 from 242 how is that a lost ? so confused....I'm bad with math lol But if the cost of doing business exceeds the revenue, then there is a net loss, I.E. they spent more than they made. Title: Re: How do I read this ... Post by: FirstAscent on April 28, 2012, 04:41:39 AM There are earnings, and there is revenue.
Add up all your sales. That's revenue. Subtract everything you paid out to run your business. What you have left is earnings. Title: Re: How do I read this ... Post by: mc_lovin on May 03, 2012, 07:44:39 PM I hate Zynga with a firey passion.
They are ruining Facebook, the internet, and millions of peoples' lives. https://i.imgur.com/UtFbm.jpg Title: Re: How do I read this ... Post by: silverbox on May 03, 2012, 07:48:16 PM We'll lose a lil bit on every sale, but we'll make up for it in volume!!
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