Glu Mobile to Present at Upcoming Conferences

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Go back to Glu Mobile to Present at Upcoming Conferences

Benchmark Cuts Price Target on Glu Mobile (GLUU) Following 2Q Results and Guidance

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