Glu Reports Second Quarter 2016 Financial Results
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Wedbush Cuts Price Target on Glu Mobile (GLUU) to $2.25 Following 2Q
August 3, 2016 8:52 AM EDTWedbush maintained a Neutral rating on Glu Mobile (NASDAQ: GLUU), and cut the price target to $2.25 (from $2.45), following the company's 2Q earnings report. Bookings were $51 million, versus the consensus estimates of $47 million, and guidance of $46 49 million. Management decreased FY:16 guidance for bookings to $195 202 million from $215 235 million,... More
Northland Capital Markets Downgrades Glu Mobile (GLUU) to Market Perform
August 3, 2016 8:06 AM EDTNorthland Capital Markets downgraded Glu Mobile (NASDAQ: GLUU) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on Glu Mobile click here. For more ratings news on Glu Mobile click here.
Shares of Glu Mobile closed at $2.29 yesterday.
... MoreGlu Mobile (GLUU) Tops Q2 EPS by 2c
August 2, 2016 4:17 PM EDTGlu 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... More
