GLUU - Glu Mobile EPS beats by $0.07 beats on revenue
Glu Mobile (GLUU): Q4 GAAP EPS of $0.13 beats by $0.07.Revenue of $141.4M (+25.2% Y/Y) beats by $17.42M.“Our fourth quarter results capped off another strong year for Glu,” said Nick Earl, Chief Executive Officer. “The performance of our Growth Games and the resurgence of Kim Kardashian: Hollywood coupled with a strong contribution from the title we launched during the year, Disney Sorcerer’s Arena, drove a 32% year over year increase in bookings in 2020. The operating initiatives we put in place to improve productivity and scale our business took hold in the second half of 2020 resulting in a significant increase in profitability and increased margin expansion.”Press Release
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Glu Mobile EPS beats by $0.07, beats on revenue