Glu Mobile Inc. develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices. The company publishes titles in four genres, including home décor, sports and action, fashion and celebrity, and time management. It creates games based on its own brands, including Contract Killer, Cooking Dash, Covet Fashion, Deer Hunter, Design Home, and QuizUp. The company also creates games based on third-party licensed brands, such as Restaurant Dash with Gordon Ramsay and Kim Kardashian; and Hollywood, MLB Tap Sports Baseball, and Racing Rivals. It markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide. The company was formerly known as Sorrent, Inc. and changed its name to Glu Mobile Inc. in May 2005. Glu Mobile Inc. was incorporated in 2001 and is headquartered in San Francisco, California.
Industry, Sector and Symbol
Industry Custom computer programming services
Sub-IndustryHome Entertainment Software
SectorConsumer Discretionary
Phone415-800-6100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$366.56 million
Profitability
Miscellaneous
Employees546
OptionableOptionable
Glu Mobile (NASDAQ:GLUU) Frequently Asked Questions
What is Glu Mobile's stock symbol?
Glu Mobile trades on the NASDAQ under the ticker symbol "GLUU."
How were Glu Mobile's earnings last quarter?
Glu Mobile Inc. (NASDAQ:GLUU) issued its quarterly earnings data on Tuesday, July, 31st. The company reported ($0.03) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.05 by $0.08. The company earned $90.20 million during the quarter, compared to the consensus estimate of $91.56 million. Glu Mobile had a negative return on equity of 5.62% and a negative net margin of 3.60%. The firm's revenue for the quarter was up 31.3% compared to the same quarter last year. During the same quarter last year, the company posted ($0.17) earnings per share. View Glu Mobile's Earnings History.
When is Glu Mobile's next earnings date?
What price target have analysts set for GLUU?
7 brokerages have issued 1-year price targets for Glu Mobile's shares. Their predictions range from $7.00 to $11.00. On average, they expect Glu Mobile's stock price to reach $9.20 in the next twelve months. This suggests that the stock has a possible downside of 3.5%. View Analyst Price Targets for Glu Mobile.
What is the consensus analysts' recommendation for Glu Mobile?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glu Mobile in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Glu Mobile.
Has Glu Mobile been receiving favorable news coverage?
Media coverage about GLUU stock has been trending somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Glu Mobile earned a news impact score of 1.4 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future.
Are investors shorting Glu Mobile?
Glu Mobile saw a drop in short interest in January. As of January 31st, there was short interest totalling 4,867,434 shares, a drop of 37.2% from the January 15th total of 7,754,533 shares. Based on an average daily volume of 1,965,112 shares, the short-interest ratio is presently 2.5 days. Approximately 4.3% of the company's stock are short sold. View Glu Mobile's Current Options Chain.
Who are some of Glu Mobile's key competitors?
Some companies that are related to Glu Mobile include GEMALTO NV/S (GTOMY), Sogou (SOGO), Luxoft (LXFT), Virtusa (VRTU), PROS (PRO), Endava (DAVA), Perficient (PRFT), Monotype Imaging (TYPE), AGM Group (AGMH), Formula Systems (1985) (FORTY), Computer Programs & Systems (CPSI), PDF Solutions (PDFS), Synchronoss Technologies (SNCR), Bright Mountain Media (BMTM) and RealNetworks (RNWK).
Who are Glu Mobile's key executives?
Glu Mobile's management team includes the folowing people:
- Mr. Niccolo M. de Masi, Exec. Chairman (Age 39)
- Mr. Nick Earl, Pres, CEO & Director (Age 53)
- Mr. Eric R. Ludwig, Exec. VP, COO & CFO (Age 50)
- Mr. Scott J. Leichtner, VP, Gen. Counsel & Corp. Sec. (Age 48)
- Mr. Christopher Akhavan, Chief Revenue Officer (Age 36)
Who are Glu Mobile's major shareholders?
Glu Mobile's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.37%), Emerald Mutual Fund Advisers Trust (1.64%), Emerald Advisers LLC (1.62%), Millennium Management LLC (1.60%), Columbus Circle Investors (1.41%) and Dimensional Fund Advisors LP (1.36%). Company insiders that own Glu Mobile stock include Ann Mather, Benjamin T Iv Smith, Chris Akhavan, Eric R Ball, Eric R Ludwig, Gordon S Lee, Greg Brandeau, Hany Nada, Masi Niccolo De and Scott Leichtner. View Institutional Ownership Trends for Glu Mobile.
Which major investors are selling Glu Mobile stock?
GLUU stock was sold by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., ETF Managers Group LLC, Rothschild & Co. Asset Management US Inc., Chicago Equity Partners LLC, Marathon Capital Management, Squarepoint Ops LLC, Bank of Montreal Can and Bank of America Corp DE. Company insiders that have sold Glu Mobile company stock in the last year include Ann Mather, Benjamin T Iv Smith, Chris Akhavan, Eric R Ball, Eric R Ludwig, Gordon S Lee, Greg Brandeau, Hany Nada, Masi Niccolo De and Scott Leichtner. View Insider Buying and Selling for Glu Mobile.
Which major investors are buying Glu Mobile stock?
GLUU stock was bought by a variety of institutional investors in the last quarter, including Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, Highbridge Capital Management LLC, Columbus Circle Investors, Millennium Management LLC, SG Americas Securities LLC, Handelsbanken Fonder AB and Macquarie Group Ltd.. View Insider Buying and Selling for Glu Mobile.
How do I buy shares of Glu Mobile?
Shares of GLUU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Glu Mobile's stock price today?
One share of GLUU stock can currently be purchased for approximately $9.53.
How big of a company is Glu Mobile?
Glu Mobile has a market capitalization of $1.37 billion and generates $366.56 million in revenue each year. The company earns $-13,200,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis. Glu Mobile employs 546 workers across the globe.
What is Glu Mobile's official website?
How can I contact Glu Mobile?
Glu Mobile's mailing address is 875 Howard Street Suite 100, San Francisco CA, 94103. The company can be reached via phone at 415-800-6100 or via email at [email protected]
MarketBeat Community Rating for Glu Mobile (NASDAQ GLUU)
MarketBeat's community ratings are surveys of what our community members think about Glu Mobile and other stocks. Vote "Outperform" if you believe GLUU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GLUU will underperform the S&P 500 over the long term. You may vote once every thirty days.
