Glu Mobile (GLUU -19.9%) +2.7% AH after reaffirming its Q3 revenue guidance of $20.25M-$21.25M...

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

Glu Mobile (GLUU -19.9%) +2.7% AH after reaffirming its Q3 revenue guidance of $20.25M-$21.25M (consensus stands at $21.4M), and guiding for adjusted EBITDA slightly above prior guidance of -$3.1M to -$4M. However, the company admits none of the 11 mobile games it launched in Q3 were "breakout title launches," and some failed to meet expectations. Shares were crushed today after Northland Securities suggested management is disappointed with Q3 game launches. (PR)