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

|About: Glu Mobile Inc. (GLUU)|By:, SA News Editor

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.