SAN FRANCISCO (AP) _ Zynga Inc. (ZNGA) on Wednesday reported a loss of $23 million in its first quarter.

The San Francisco-based company said it had a loss of 2 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 8 cents per share.

The results fell short of Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.

The maker of "FarmVille" and other online games posted revenue of $680.3 million in the period. Its adjusted revenue was $719.5 million, topping Street forecasts. Seven analysts surveyed by Zacks expected $685.8 million.

For the current quarter ending in July, Zynga said it expects revenue in the range of $710 million. Analysts surveyed by Zacks had expected revenue of $222.4 million.

The company expects a full-year loss of 12 cents per share, with revenue expected to be $2.9 billion.

Zynga shares have increased roughly 3% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.14, a rise of 33% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZNGA at https://www.zacks.com/ap/ZNGA

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