Glu Mobile (GLUU) Reports In-Line Q3 EPS; Raises Booking Guidance
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Glu Reports Third Quarter 2020 Financial Results
November 5, 2020 4:05 PM ESTRecord revenue of $158.5 million up 48% year over year with net income of $13.4 million Bookings grew 22% year over year to $147.3 million driven by a 13% increase in Growth Games Free cash flow of $31.5 million; cash of $318.1 million supports acquisition strategy Raises bookings guidance to a range of $555.3 to $560.3 million and expects significantly higher bottom-line results for full year 2020 Introduced Table & Taste, a food and décor based game that will be the third title launched by the Crowdstar studio Core business driven by Crowdstar and Glu Sports brands, along with new titles... More
