Glu Reports Fourth Quarter and Full Year 2015 Financial Results
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UPDATE: Glu Mobile (GLUU) May Have Found Bottom, Says Analyst; Benchmark Upgrades Stock to 'Buy'
February 5, 2016 7:21 AM EST(Updated - February 5, 2016 8:05 AM EST)
Benchmark upgraded Glu Mobile (NASDAQ: GLUU) from Hold to Buy with a price target of $3.68, suggesting upside of 38%. Yesterday the company announced Q4 results and a partnership with Taylor Swift.
Analyst Mike Hickey said he sees more balanced risk/reward, and he thinks shares have... More
Strong Glu Mobile (GLUU) Quarter as Kim Sales Remain Firm - Piper Jaffray
February 4, 2016 8:15 AM ESTPiper Jaffray analyst Michael Olson noted Glu Mobile (NASDAQ: GLUU) reported a strong Q4, exceeding consensus based on continued slower than expected decline of Kim Kardashian: Hollywood (KKH), which maintained an average rank of #33.3 on iOS throughout Q4'15 (vs. #18.9 in Q3 and current rank of #45). Guidance for Q1 was... More
Glu Mobile (GLUU) Tops Q4 EPS by 5c; Board Approves Common Stock Buyback Plan
February 3, 2016 4:11 PM ESTGlu Mobile (NASDAQ: GLUU) reported Q4 EPS of $0.02, $0.05 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $54.9 million versus the consensus estimate of $50.46 million.
Recent Developments and Strategic Initiatives:
Today, we announced a multi-year, exclusive mobile gaming partnership with Taylor Swift, an award-winning singer,... More