Glu Mobile (GLUU) Misses Q1 EPS by 10c, Beats on Revenue; Raises FY17 Bookings Guidance

May 3, 2017 4:30 PM EDT
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Price: $12.50 --0%

Financial Fact:
Gross profit: -4.69M

Today's EPS Names:
OFLX, VAXX, NMRD, More
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Glu Mobile (NASDAQ: GLUU) reported Q1 EPS of ($0.17), $0.10 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $56.8 million versus the consensus estimate of $53.52 million.

  • Revenue grows 4% year over year to $56.8 million
  • Bookings of $69.0 million exceed guidance mid-point by 28%
  • MLB Tap Sports Baseball 2017 peaks at #14 top grossing game on U.S. App Store for iPhone
  • Company raises 2017 full year bookings guidance to a range of $280.0 to $290.0 million

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



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