Zynga Inc (NASDAQ:ZNGA) announced Thursday that its chief financial officer David Lee will be a presenter at a session at the UBS Global technology Conference in Sausalito, California next week. The social game developer said that the session is scheduled for Tuesday, November 18, 2014, at 12:30 p.m. Pacific Time.

Zynga Inc CFO To Present At UBS Conference Next Week

Zynga in transition phase

Zynga announced its third-quarter earning last week after which Sterne Agee reiterated its  Neutral rating on the stock. SA analyst Arvind Bhatia noted that the social game maker is in a transition phase moving from an Internet-based company towards a mobile-focused firm. Bhatia also stated that Zynga is moving towards a more stable future as bookings were stable quarter over quarter, and a 10% year over year drop in web revenue was compensated by a 10% quarter over quarter rise in mobile bookings.

The Sterne Agee analyst lowered EBITDA guidance for Zynga from $50.1 million to $49.7 million for 2014. However, for 2015, the EBITDA estimates for the company have been raised from $50.3 million to $74.4 million.

Separately, analysts at Credit Suisse AG maintained an Underperform rating on Zynga, but increased the price target from $3.42 to $3.44. The analysts noted that on the financial front the company has performed decently, but key performance indicators are weakening. The Credit Suisse analysts noted, “Engagement metrics (MAUs, MUUs, MUPs) all trended negatively while ARPU increased 11.4% as the casual player base continues to churn off, leaving only the hardcore, higher-paying user base.”

Mixed 3Q numbers

For the third-quarter, Zynga Inc (NASDAQ:ZNGA) posted a loss of 1 cent per share on revenues of $176.6 million. Analysts as a group expected a loss of 1 cent per share on $171.3 million in revenue. For the same quarter last year, the game maker posted a loss of cents per share on $202.6 million in revenue. For the current-quarter, the company expects earnings to be between a loss of 1 cent per share and a gain of 1 cent per share on revenues between $170 million and $200 million.

In the third-quarter, the revenue from the mobile-based bookings surged around 45% year over year contributing to 55% of total bookings, which is a 5% increase on a continuous basis. Daily average users dropped 9% quarter over quarter, which was counterbalanced by the 8% increase in monetization (ABPU).