Author

Topic: How do I read this ... (Read 771 times)

legendary
Activity: 966
Merit: 1003
May 03, 2012, 02:48:16 PM
#5
We'll lose a lil bit on every sale, but we'll make up for it in volume!!
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
May 03, 2012, 02:44:39 PM
#4
I hate Zynga with a firey passion. 

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

hero member
Activity: 812
Merit: 1000
April 27, 2012, 11:41:39 PM
#3
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.
rjk
sr. member
Activity: 462
Merit: 250
1ngldh
April 27, 2012, 11:31:16 PM
#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.
legendary
Activity: 1330
Merit: 1000
Bitcoin
April 27, 2012, 11:06:31 PM
#1
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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