Glu Mobile (GLUU) Numbers Trimmed at Piper Jaffray Post Q2; 'Overweight' Maintained
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Benchmark Cuts Price Target on Glu Mobile (GLUU) Following 2Q Results and Guidance
August 5, 2015 9:31 AM EDTBenchmark 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
Cowen Cuts Price Target on Glu Mobile (GLUU) Following 2Q EPS Beat
August 5, 2015 6:51 AM EDTCowen 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
Glu Mobile (GLUU) Tops Q2 EPS by 5c, Guidance Falls Short
August 4, 2015 4:12 PM EDTGlu Mobile (NASDAQ: GLUU) reported Q2 EPS of $0.01, $0.05 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $56.2 million versus the consensus estimate of $51.5 million.
Glu Mobile sees Q3 2015 EPS of ($0.02) - $0.00, versus the consensus of $0.08. Glu Mobile sees Q3 2015... More
