Craig-Hallum Downgrades Glu Mobile (GLUU) to Hold
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Needham & Company Downgrades Glu Mobile (GLUU) to Buy amid Q3 Results, Weak Q4 Outlook
November 2, 2012 8:26 AM EDTNeedham & Company downgraded Glu Mobile (NASDAQ: GLUU) from Strong Buy to Buy with a price target of $5.00 (from $8.00) following slightly better Q3 results but weak Q4 guidance.
The firm comments, "GLUU released 3Q results slightly better than the pre-announcement issued on October 9th, but management offered 4Q guidance considerably more negative than implied by... More
Piper Jaffray Downgrades Glu Mobile (GLUU) to Neutral
November 2, 2012 6:49 AM EDTPiper Jaffray downgraded Glu Mobile (NASDAQ: GLUU) from Overweight to Neutral with a price target of $3.50 (from $6.00) following Q3 results.
For an analyst ratings summary and ratings history on Glu Mobile... More
Glu Mobile, Inc. (GLUU) Tops Q3 EPS by 3c, Guides Lower
November 1, 2012 4:46 PM EDTGlu Mobile, Inc. (NASDAQ: GLUU) reported Q3 EPS of ($0.03), $0.03 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $21.3 million versus the consensus estimate of $21.39 million.
Glu Mobile, Inc. sees Q4 2012 EPS of $(0.08)- (0.06), versus the consensus of $0.01. Glu... More
