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Author Topic: How do I read this ...  (Read 609 times)
bbit
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April 28, 2012, 04:06:31 AM
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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
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April 28, 2012, 04:31:16 AM
 #2

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
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.
But if the cost of doing business exceeds the revenue, then there is a net loss, I.E. they spent more than they made.

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April 28, 2012, 04:41:39 AM
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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.
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May 03, 2012, 07:44:39 PM
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I hate Zynga with a firey passion. 

They are ruining Facebook, the internet, and millions of peoples' lives. 


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May 03, 2012, 07:48:16 PM
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We'll lose a lil bit on every sale, but we'll make up for it in volume!!
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