Glu Mobile (GLUU) Tops Q2 EPS by 2c

Glu Mobile (NASDAQ: GLUU) reported Q2 EPS of ($0.03), $0.02 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $48.4 million versus the consensus estimate of $47.25 million.

Total Bookings were $50.9 million in the second quarter of 2016, compared to $57.5 million in the second quarter of 2015. Bookings do not reflect the deferral of certain game revenue that Glu recognizes over the estimated useful lives of paying users of Glu’s games and excludes changes in deferred revenue and litigation settlement proceeds. Glu’s presentation of Bookings is consistent with Glu’s previous disclosure of non-GAAP revenue.

GUIDANCE:

Glu Mobile sees Q3 2016 EPS of ($0.04)-($0.03).

Glu Mobile sees FY2016 EPS of ($0.17)-($0.15).

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

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