Zynga said Wednesday that it lost $22.8 million, or 3 cents per share, in the April-June quarter. That’s down from earnings of $1.4 million a year ago when it was still privately held. Its per-share results a year ago were at breakeven.
Adjusted earnings in the latest quarter were a penny per share, below expectations of 5 cents per share.
Zynga’s revenue grew 19 percent to $332 million. Analysts surveyed by FactSet had expected $342.8 million.
Zynga also said Wednesday that its chairman and CEO, Mark Pincus, became the beneficial owner of more than 50 percent of the company’s voting power through stock he owns.