Glu Mobile (GLUU) Tops Q2 EPS by 5c, Guidance Falls Short
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August 5, 2015 12:30 PM EDT
Piper Jaffray analyst Michael Olson trimmed estimates and his price target on Glu Mobile (NASDAQ: GLUU) to $8.50 (from $9.00) following strong Q2 results but a lower EBITDA outlook. The firm maintained an Overweight rating.
Olson commented, "Glu reported a strong Q2, beating... More
August 5, 2015 9:31 AM EDT
Benchmark maintained a Buy rating on Glu Mobile (NASDAQ: GLUU), and cut the price target to $6.58 (from $7.64), following 3Q15. Sales were $57.5M compared to guidance of $50M $52M and Street's estimate of $51M. Adjusted EBITDA was $1.7M compared to guidance of $(5)M $(3)M and Street's... More
August 5, 2015 6:51 AM EDT
Cowen maintained an Outperform rating on Glu Mobile (NASDAQ: GLUU), and cut the price target to $8.00 (from $10.00), following Q2 earnings results. Non-GAAP revenue of $57.5MM was ahead of consensus $51.5MM. Non-GAAP EPS of $0.01 beat -$0.04 consensus.
Analyst Doug Creutz commented, "Glu... More
