Glu Mobile: On Its Way To Profitability [Seeking Alpha]
GLU MOBILE (GLUU)
Last glu mobile earnings: 2/5 04:02 pm
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US:NASDAQ Investor Relations:
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Source: Seeking Alpha
Summary With nearly 80% growth YTD, Glu Mobile’s stock still has room for appreciation, as the company drives towards profitability. Financial discipline and a solid pipeline of products are one of the main reasons why Glu Mobile started to outperform everyone’s expectations. I continue to hold my long position in Glu Mobile, as I believe that more shareholder value will be created in a foreseeable future. In the first half of the year, Glu Mobile (NASDAQ: GLUU ) stock has appreciated by nearly 80% and I still do believe that the growth is not over yet. It’s been a little over a year since I’ve opened my long position in Glu Mobile, and I still see that there is much more room for growth in the upcoming quarters. Because of that, I continue to hold my position in the company, as it marches towards profitability, and believe it to be a long-term play that will bring much more benefits for investors in the next couple of years. The major thi
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