Glu Reports Second Quarter 2016 Financial Results
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Go back to Glu Reports Second Quarter 2016 Financial Results
August 3, 2016 8:52 AM EDT
Wedbush 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
August 3, 2016 8:06 AM EDT
Northland 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.
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August 2, 2016 4:17 PM EDT
Glu 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
