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Stock impact report

Glu Mobile: 2019 Looks Promising [Seeking Alpha]

GLU MOBILE (GLUU) 
Last glu mobile earnings: 2/5 04:02 pm Check Earnings Report
Company Research Source: Seeking Alpha
Summary In the last couple of years, Glu Mobile completely changed its business strategy and started to focus on creating original content. Since January, the company twice boosted its full-year guidance and expects to become profitable in the upcoming months. I think that Glu Mobile has all the chances to achieve its long-term margin targets if it sticks with the current course. Back in 2015, I wrote an article about Glu Mobile (NASDAQ: GLUU ) called In Freemium We Trust , where I described how the company uses freemium model to monetize its games. Since that time a lot of things changed inside the company and even despite the leadership transition that occurred at the end of 2016, Glu Mobile continues to create value using the exact same model that I’ve described a few years ago. With the rising revenue and profit on a horizon, I’ve decided to reevaluate my take on the company and find out what the future holds for Glu Mobile. Show less Read more
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