Zynga continues to make the news in 2013. No lay-offs this time around but some 2012 Q4 titles are being taken out after a disappointing performance.
The company is known for its Facebook releases and last quarters Facebook releases being shut down include CityVille 2 and The Friend Game. The mobile game Party Place also didn’t make it.
Over half the games have been discontinued but the remaining titles include games like Bubble Safari Ocean, CoasterVille and the mobile game Ayakashi.
On the bright side, the casual games giant has been healing from its past misfortunes. The fourth quarter brought in a revenue of $311.2 million and had an adjusted earnings per share of $0.01 contrary to a more disappointing performance expected by most analysts.
This improvement was partly due to the success of FarmVille 2, the sequel to its most successful title. The year concluded with a total revenue of $1.28 billion which is a 12% improvement from the $1.15 billion revenue of 2011.