Zynga shares surge off upbeat earnings

Shares of Zynga jumped 3.7% in pre-market trading Friday after the social games company beat expectations on earnings and revenue during the second quarter.

Zynga reported $199.9 million in revenue for the quarter, with a loss of a penny per share. The company also reported $174 million in quarterly bookings, topping internal forecasts.

"Our teams have been executing well and delivered strong Q2 results while also making significant progress against our best growth opportunities," said Zynga CEO Mark Pincus in a statement.

Zynga announced Frank Gibeau, who spent more than 20 years with video game publisher Electronic Arts, will join the company's board. "Zynga has the products, the people and the powerful plan needed to make its mission to connect the world through games a reality," said Gibeau in a statement.

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