Glu Mobile (GLUU) Tops Q3 EPS by 6c; Guides FY14 Above Views

Glu Mobile (NASDAQ: GLUU) reported Q3 EPS of $0.17, $0.06 better than the analyst estimate of $0.11. Revenue for the quarter came in at $83.6 million versus the consensus estimate of $85.2 million.

“Glu’s third quarter was the strongest in the company’s history as non-GAAP revenue and Adjusted EBITDA set all time records,” stated Niccolo de Masi, Chief Executive Officer of Glu. “The record quarter was driven by the strength of Kim Kardashian: Hollywood, our new releases Dino Hunter: Deadly Shores and Tap Sports: Baseball, ongoing traction with Deer Hunter 2014 and Eternity Warriors 3 and the addition of Racing Rivals to our product portfolio.”

Glu Mobile sees Q4 2014 EPS of $0.01-$0.03, versus the consensus of $0.04. Glu Mobile sees Q4 2014 revenue of $60-65 million, versus the consensus of $65.6 million.

Glu Mobile sees FY2014 EPS of $0.23-$0.25, versus the consensus of $0.2. Glu Mobile sees FY2014 revenue of $225.5-230.5 million, versus the consensus of $232.6 million.

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

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