Glu Mobile Inc. is Today's Focus Stock on MicroStockProfit.com
05 May 2011 - 8:50PM
MicroStockProfit.com announces an investment report featuring Glu
Mobile Inc. (Nasdaq:GLUU). The report includes financial,
comparative and investment analyses, and industry information you
need to know to make an educated investment decision.
The full report is available at:
www.microstockprofit.com/lp/GLUU
Glu Mobile (GLUU) is a global publisher of 3D Social Mobile
games for smartphone and tablet devices. Its unique technology
platform enables its titles to be accessible to a broad audience of
consumers all over the world - supporting iOS, Android, Palm,
Windows Phone 7 devices and beyond. The Company is focused on
bringing the best in social, freemium, cross-platform mobile gaming
experiences to the mass market, and on creating compelling original
IP. It has partnership with leading entertainment brands including
Activision, Atari, Caesar's and Fox.
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In the report, the analyst notes:
"In the first quarter, the Company lost $3.2 million, or $(0.06)
a share, narrowing the year-ago quarter loss of $3.7 million, or
$(0.12). Excluding items, net loss was $(0.02) a share, compared to
an ex-item net loss of $(0.03) a share in the year-ago
period. Analysts polled by Thomson Reuters expected a loss of
$(0.07) a share."
"During the quarter, GLUU saw total revenue of $16.4 million,
down 5% from $17.3 million in the same period last year, but still
ahead of analyst expectations of $14.1 million."
To read the entire report visit:
www.microstockprofit.com/lp/GLUU
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