GLUU, a major international designer and founder of top
quality games, today declared the option Deer Hunter® Reloaded, Small Road, and
Samurai vs. Zombies Protection for the Mac. All three headings are fully
enhanced for new features on OS X Hill Lion, such as full screen Retina show
and support for in-app buying. Glu Cellular (Nasdaq: GLUU ) lately revealed its
income. For the one fourth finished Sep.
30 (Q3), Glu Cellular met objectives on earnings and surpassed objectives on
income per discuss. As opposed to prior-year one fourth, income increased
considerably and GAAP loss per discuss shortened. Edges extended across the
panel. Glu Cellular notched income of $21.2 thousand. The 10 experts questioned
by S&P Investment IQ predicted revenue of $21.3 thousand on the same
foundation. GAAP revealed revenue were 26% higher than the prior-year quarter's
$16.9 thousand. The prediction sent the organization's stock down 12 percent in
after-hours trading, dropping 40 pennies to $2.86.
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Sales for Glu Mobile Inc. increased 26 percent to $21.3
thousand in the third one fourth over the year before. The organization still
posted a net decrease in $3.6 thousand, or 6 pennies per discuss. But that's
better than the net decrease in $6.2 thousand, or 10 pennies per discuss, it
reported in the third one fourth of 2011. Results in the latest one fourth
included a a good reputation incapacity charge of $3.6 thousand and other
items. Not including those, Glu's adjusted net reduction for the one fourth was
3 pennies per discuss. Experts had expected the organization to report a
decrease in 6 pennies per discuss and of $21.1 thousand, according to FactSet.
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In a declaration, Eric Ludwig, Glu's primary financial
official, said the organization's fourth-quarter results will likely be harm by
underperforming games released in the third quarter as well as Apple's
prohibition of certain types of promotion. Glu prediction that it will likely
publish an modified net loss between 6 pennies and 8 pennies per discuss in it
all quarter on income of $19.5 thousand to $20.5 thousand. The income
prediction limits changes in postponed income and other items. Experts
anticipate break-even income per discuss.
