Glu Mobile (GLUU -4.7%) heads south following its Q2 report. While results matched those in last...


Glu Mobile (GLUU -4.7%) heads south following its Q2 report. While results matched those in last week's preannouncement,  Glu is guiding for Q3 revenue of $20.25M-$21.25M and EPS of -$0.06 to -$0.07, below a consensus of $22.9M and -$0.04. During its earnings call, Glu blamed the timing of upcoming game launches. The company also disclosed it paid $2.8M to acquire GameSpy Technology from IGN, and that 64% of its Q2 smartphone revenue came from iOS.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs