Glu Mobile (GLUU) Tops Q4 EPS by 9c; Guides for Q1 Loss

Glu Mobile (NASDAQ: GLUU) reported Q4 EPS of $0.11, $0.09 better than the analyst estimate of $0.02. Revenue for the quarter came in at $76.2 million versus the consensus estimate of $63.78 million.

Recent Developments and Strategic Initiatives:

• In February 2015, we announced a five-year, exclusive mobile gaming partnership with Katy Perry. We will create a free-to-play mobile game using her likeness and voice that we expect to release in the second half of 2015.
• In November 2014, we announced the availability of Contract Killer: Sniper.
• In October 2014, we announced the launch of the first free-to-play Diner Dash game.

Glu Mobile sees Q115 EPS of ($0.03)-($0.01), versus the consensus of $0.03. Glu Mobile sees Q115 revenue of $50-52 million, versus the consensus of $58.2 million.

Glu Mobile sees FY2015 EPS of $0.23-$0.28, versus the consensus of $0.22. Glu Mobile sees FY2015 revenue of $245-275 million, versus the consensus of $245.7 million.

For earnings history and earnings-related data on Glu Mobile (GLUU) click here.

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