Candy Crush Maker King Drops 20% After Reporting Disappointing Earnings

By Alex Wilhelm

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Candy crushed. King, maker and purveyor of Candy Crush, reported earnings today and was whacked by investors after detailing revenue that disappointed, and lowering its top line guidance. The company also announced a $150 million dividend. The company earned $0.59 per share on a non-GAAP basis on revenue of $594 million. Investors had expected the company to report $0.59 per share in… Read More

Source: Technology