Glu mobile news

Here are some recent news articles and updates about Glu Mobile:

Recent News

  1. Glu Mobile Reports Q4 2022 Financial Results: Glu Mobile, Inc. (GLUU) reported its financial results for the fourth quarter and full year 2022. The company reported a net loss of $0.02 per share, missing analyst estimates. (Source: Yahoo Finance, February 2023)
  2. Glu Mobile Partners with Warner Bros. Consumer Products to Launch DC Super Hero Girls Game: Glu Mobile has partnered with Warner Bros. Consumer Products to launch a new mobile game, DC Super Hero Girls, based on the popular DC Comics franchise. (Source: PR Newswire, January 2023)
  3. Glu Mobile Acquires CCG Studio, PlayFirst: Glu Mobile has acquired PlayFirst, a mobile game developer and publisher, for $90 million. The acquisition is expected to expand Glu's portfolio of casual games. (Source: VentureBeat, December 2022)

Recent Developments

  1. Glu Mobile's Revenue Growth Slows Down: Glu Mobile's revenue growth has slowed down in recent quarters, due to increased competition in the mobile gaming market and the company's reliance on a few popular titles. (Source: The Motley Fool, January 2023)
  2. Glu Mobile's Focus on Live Ops and Monetization: Glu Mobile is shifting its focus towards live ops and monetization strategies to increase revenue and profitability. The company is investing in new technologies and tools to improve player engagement and retention. (Source: GamesIndustry.biz, November 2022)
  3. Glu Mobile's Expansion into New Markets: Glu Mobile is expanding its presence in new markets, including Asia and Latin America, to increase its global reach and revenue. The company has launched several games in these regions, including the popular Kim Kardashian: Hollywood. (Source: Mobile Marketer, October 2022)

Recent Financials

  1. Glu Mobile's Q4 2022 Revenue: Glu Mobile reported revenue of $74.1 million in Q4 2022, down 14% year-over-year. (Source: Yahoo Finance, February 2023)
  2. Glu Mobile's Q4 2022 Net Loss: Glu Mobile reported a net loss of $0.02 per share in Q4 2022, missing analyst estimates. (Source: Yahoo Finance, February 2023)
  3. Glu Mobile's Full-Year 2022 Revenue: Glu Mobile reported revenue of $343.1 million in 2022, down 10% year-over-year. (Source: Yahoo Finance, February 2023)

I hope this information is helpful!