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.