Zynga beats forecasts despite loss

■ Online games company Zynga last night posted first-quarter revenue of $321m, beating Wall Street expectations on the back of strong performances from new titles, including “Hidden Chronicles” and “Slingo,” as well as the acquisition of social gaming startup OMGPOP. On an adjusted basis, excluding $133.9m of stock-based expenses, Zynga reported a quarterly profit of $47m compared to $16.7m a year earlier. On an non-adjusted basis, Zynga swung to a loss of $85m.