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Glu Mobile

James Frey’s Post-Apocalyptic Wasteland

Dec 1, 2011 4:15 PM

When we last heard from James Frey, he was releasing a YA novel with a soundtrack. Now his book packaging company, Full Fathom Five, is launching The Nightworld, a joint mobile video game and e-book.

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Posted In: Apps, Entertainment, Games, Media & Publishing, Books, e-books, Kids & Teen Content, Companies, Apple, glu mobile, harpercollins, james frey

Mobile Lowdown 5-31-11: Apple Suits; Appsfire; Google iOS Search; AT&T/T-Mo

May 31, 2011 5:10 AM

A look at some of the big stories in mobile today: Nokia (NYSE: NOK) moves to have its Apple (NSDQ: AAPL) case reopened while Samsung pushes for evidence on future products in its Apple case; Appsfire raises $3.6 million; Google (NSDQ: GOOG) revamps iPhone search; Twitter looking at new image…

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Posted In: Apps, Entertainment, Games, Legal, Patents, Mobile, Search, Companies, Apple, iPad, iPhone, AT&T, Dailymotion, Google, Android, Nokia, Samsung, T-Mobile, Twitter, appsfire, glu mobile, instagram, ios, sega, twitpic, yfrog

Earnings
Glu’s Revenues Fall As It Gears Up To Launch New Game Titles

Nov 2, 2010 6:58 PM

Glu Mobile (NSDQ: GLUU) reported today that Q3 revenues fell again in the third quarter, and will likely continue to slide in the fourth quarter as it prepares to launch at least five new game titles by year end. The new titles are expected to reposition the company, which has…

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Posted In: Advertising, E-Commerce, Payment Systems, Micropayments, Entertainment, Games, Mobile, Money, Earnings, glu mobile

Glu Mobile Names Five New Game Titles Coming Later This Year

Aug 27, 2010 7:25 PM

Glu Mobile (NSDQ: GLUU) provided a sneak peak today of the five new titles it will launch in the fourth quarter as part of the company’s extensive restructuring explained earlier this week. The San Mateo, Calif.-based game-maker is attempting to transition from developing short-lived titles for feature phones to smartphone…

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Posted In: Entertainment, Games, Mobile, glu mobile

Coming Soon: Glu’s Strategy For Revamping Its Mobile Games Business

Aug 25, 2010 6:59 PM

Eight months ago, Niccolo de Masi took over the helm at Glu Mobile (NSDQ: GLUU)—and just now—we are about to see the results of his labor. Over the next few weeks, the company plans to give a sneak peak of five dramatically different kinds of games that are set to…

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Posted In: Advertising, Entertainment, Games, Mobile, Social Media, Community, Companies, Apple, iPhone, Facebook, Google, Android, Palm, Zynga, glu mobile

Glu Mobile To Raise Cash To Get Out Of Sticky Situation

Jul 7, 2010 7:31 PM

Glu Mobile (NSDQ: GLUU) has been closely watching its cash, knowing it may have to raise more funding with just $10.5 million remaining at the end of the first quarter. Besides paying for day-to-day operations, it had bank covenants to worry about and even final bonus payments on a years’-old…

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Posted In: Apps, Entertainment, Games, Mobile, glu mobile

Earnings
Glu’s Revenues Fall As It Focuses On New Releases In Second Half

May 4, 2010 4:54 PM

Glu Mobile (NSDQ: GLUU) saw revenues fall 16.8 percent in the first quarter compared to the year ago period, as the company focused on creating new game titles that won’t hit the market until the fourth quarter. Glu’s CEO Niccolo de Masi said: “We anticipate the shift to fewer and…

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Posted In: Entertainment, Games, Mobile, Money, Earnings, glu mobile

Earnings
Glu’s Q4 Revenues Fall As Game-Maker Copes With Declining Feature Phone Sales

Feb 10, 2010 6:04 PM

San Mateo, Calif.-based Glu Mobile (NSDQ: GLUU) said the company is continuing to reinvent itself as its traditional feature phone business continues to decline faster than anticipated, and game sales on smartphone platforms don’t increase fast enough. In the fourth quarter, Glu reported revenues of $19.1 million, falling from the…

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Posted In: Entertainment, Games, Mobile, Money, Earnings, glu mobile

Earnings
Earnings Call: Glu Sheds Conservative Approach To Smartphones; 40 Percent Of Efforts Focused There

Feb 10, 2009 5:50 PM

Glu Mobile (NSDQ: GLUU), a worldwide mobile games publisher and distributor, said during its

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Posted In: Entertainment, Games, Money, Earnings, glu mobile

Earnings
Earnings: Glu Mobile Records Wider Q4 Net Loss Amid Restructuring

Feb 10, 2009 4:48 PM

Glu Mobile (NSDQ: GLUU) said in the fourth quarter it reported revenue of $21.6 million, increasing 19 percent compared to the year ago period, however, the company failed to make a profit, and reported a wider net loss compared to a year earlier. The company’s net loss was $37.8 million,…

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Posted In: Entertainment, Games, Money, Earnings, glu mobile

Glu Mobile Unveils Game Lineup For Smartphones

Jan 22, 2009 1:46 PM

After Glu Mobile (NSDQ: GLUU) admitted that it was too cautious and did not jump on the iPhone bandwagon quickly enough, the San Mateo, Calif.-based company unveiled its North American first-quarter game lineup today. Going forward, it said that about a third of its resources will be being used for…

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Posted In: Entertainment, Games, Media & Publishing, Companies, Apple, Google, Microsoft, Nokia, glu mobile

Glu Mobile Restructures Acquisition Payments; Delays Some Until 2010

Dec 30, 2008 7:03 PM

Glu Mobile (NSDQ: GLUU) has restructured the payments it must pay for the acquisition of MIG, a Chinese game company, by converting the entire $25 million to cash payments, rather than a mix of cash and stock, and deferring $11 million of the payments to 2010. Although the company doesn’t…

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Posted In: Entertainment, Games, glu mobile

Earnings
Glu Aims To Cut Expenses By 19 Percent Through Layoffs, Cutting CEO’s Pay

Dec 2, 2008 4:45 PM

San Mateo, Calif.-based Glu Mobile (NSDQ: GLUU) said it’s laying off an undisclosed number of employees with the hope of cutting expenses by about $13 million, or 19 percent compared to Q2 2008, according to a SEC filing. In addition, Glu’s CEO Greg Ballard is asking the board to reduce…

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Posted In: Entertainment, Games, Money, Earnings, glu mobile

Earnings
Earnings Call: Glu Says New Platforms Have Hurt Traditional Carrier Business; Cash Balance Sinks

Nov 4, 2008 7:14 PM

The mobile games industry still has to figure out a lot, and there’s no better confirmation of that than listening to Glu (NSDQ: GLUU) Mobile’s third-quarter earnings call, which detailed a laundry list of concerns, ranging from industry-specific things, such as figuring out what business model works best to the…

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Posted In: Entertainment, Games, Money, Earnings, Technologies / Formats, Operating Systems, Companies, Apple, Google, Microsoft, Nokia, RIM, glu mobile

Earnings
Glu Lowers Q3 Revenue Expectations On Lower Consumer Spending

Oct 2, 2008 3:48 PM

Glu Mobile (NSDQ: GLUU) said revenues in Q3 will be slightly below the company’s previous guidance, and that it will report a “small non-GAAP operating loss,” citing slower consumer spending, unrealized foreign exchange losses, and possible impairments to goodwill and prepaid royalties. Today, the company’s stock fell about 7.5 percent…

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Posted In: Entertainment, Games, Money, Earnings, glu mobile

Earnings
Glu Call: Economic Weakness In North America; Adjusts Forecast

Aug 5, 2008 4:27 PM

Although revenues hit an all-time high, Glu’s (NSDQ: GLUU) CEO Greg Ballard explained today on the company’s Q2 conference call that it encountered challenges during the period because of the general weakness of the U.S. economy. He said that during the period, even though the company had a light release…

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Posted In: Entertainment, Games, Money, Earnings, glu mobile

Earnings
Earnings: Glu Mobile Sees Record Revenue In Q2; Losses Increase From Charges

Aug 5, 2008 3:40 PM

Glu Mobile (NSDQ: GLUU) reported its second-quarter earnings today, saying that it hit a record-high for revenue of $23.7 million, a 45 percent increase from the year-ago period when it recorded $16.4 million in revenue. However, its net loss widened due to charges mostly associated with its acquisitions of MIG…

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Posted In: Entertainment, Games, Money, Earnings, glu mobile

Glu Mobile’s Stock Falls Based On Reports Of Slow “Speed Racer” Sales

Jun 20, 2008 1:54 PM

Glu Mobile (NSDQ: GLUU) shares dipped today after an analyst said the poor performing Speed Racer movie will likely affect the company’s revenues because it produced a car-racing mobile game based on the title, AP reports. In afternoon trading, the stock dropped about 30 cents or almost 6 percent, to…

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Posted In: Entertainment, Games, Money, glu mobile

Glu Mobile Rises On Solid Earnings Outlook And Upgrades

May 14, 2008 12:46 PM

Glu Mobile (NSDQ: GLUU) shares rose today after an analyst ungraded the stock following the mobile game publisher’s solid Q1 results yesterday. The stock is up today about 40 cents, or 9 percent, trading at $4.63 a share. In Q1, the company’s revenues increased more than 30 percent to beat…

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Posted In: Entertainment, Games, Money, glu mobile

Earnings
Updated: Earnings: Glu Mobile Reports Higher Losses, Higher Revenues

May 13, 2008 7:45 AM

Mobile games firm Glu Mobile (NSDQ: GLUU) announced first quarter revenue of $20.6 million, up from $15.7 million compared to the same period a year ago. They also reported a GAAP net loss of $6 million, or $0.21 per share, compared to a GAAP net loss of $764,000, or $0.12…

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Posted In: Entertainment, Games, Money, Earnings, Companies, glu mobile

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The Bestsellers

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