Glu Mobile Inc
These Developments Sent Zynga Soaring in May
As of June 9, Zynga’s (ZNGA) shares had risen 44.4% since the start of 2017, with the stock’s best month so far being May.
Why Zynga’s Mobile Push May or May Not Pay Off
Zynga (ZNGA), like other game developers such as Electronic Arts (EA) and Glu Mobile (GLUU), has been making an aggressive mobile push.
Zynga’s Prospects in the Mobile Gaming Industry
Zynga closed 3Q17 with 19 million daily active users (or DAUs) on mobile, indicating that its mobile audience grew 19% YoY year-over-year.
How Zynga Is Spending Its Cash
With Zynga (ZNGA) hitting profitability milestones in its recent quarters, its cash holdings have grown.
How Is Zynga’s Top Line Trending after Its 3Q17 Results?
Zynga (ZNGA) reported 3Q17 revenues of $224.6 million, a 23% increase year-over-year. ZNGA’s 3Q17 revenues beat its internal guidance by $14.6 million.
Zynga Spends $100 Million to Boost Card Business
Zynga (ZNGA) has added a new mobile game asset to its portfolio, the company announced recently through a press release published on its website.
What Are Zynga’s Four Strategic Priorities?
Zynga (ZNGA) recently outlined four strategic priorities that tie in with its mission to stimulate growth and deliver long-term profitability.
Parsing Zynga’s Mobile Metrics
One way to understand the prospects of digital publishers such as Zynga (ZNGA) is to look at mobile metrics, as mobile has become the preferred platform for playing digital games.
Why Zynga Is Prioritizing Its Research and Development Budget
Zynga (ZNGA) funneled $69.2 million into R&D (research and development) in 1Q17. It turns out the company is tweaking how it spends its R&D budget.
Gauging the Impact of Zynga’s Prudent Cost Management
In 2Q17, Zynga’s revenues grew more than 15% YoY (year-over-year) to $209.2 million, a reversal from its 3.0% revenue fall in 2Q16.
Chart in Focus: Zynga’s Balance Sheet
Zynga reported total assets of $1.92 billion at the end of 3Q17 compared with total assets of $1.91 billion at the end of 4Q16.
Glu Mobile Rose 9%, Enters S&P SmallCap 600
So far, Glu Mobile shares have risen 8.9% today. Reportedly, the company will replace SolarEdge Technologies in the S&P SmallCap 600 Index on Friday.
Why Glu Mobile Stock Remains Volatile
Glu Mobile (GLUU) fell 4.8% on May 22 to close trading at $8.43 per share.
Is Glu Mobile Stock Undervalued after the Recent Pullback?
Glu Mobile (GLUU) has a forward 2019 PE multiple of 24.5x, and this multiple stands at 17.2x for 2020.
A Look at Glu’s Expanding Bottom Line
Glu Mobile (GLUU) reported a GAAP profit of $663,000 in the first quarter, marking the company’s first GAAP profit since the first quarter of 2015.
What’s Been Driving Glu Mobile’s Stock Price Recently
Shares of gaming company Glu Mobile (GLUU) have declined 21% this month. So what’s driven this fall in Glu’s stock price?
Will Glu Mobile Bounce Back after Falling 21% this Month?
Glu Mobile (GLUU) stock has lost over 21% in May 2019. However, despite the recent pullback, the stock is still up close to 7% in calendar 2019.
Here’s What Investors Can Expect from Zynga’s Q1 Report
Though 2018 was mostly a turnaround year, Zynga has said that it expects a great start to 2019.
Why Zynga May Put Its San Francisco Building on the Block
Zynga (ZNGA) exited 2018 with $581 million in cash, but the company isn’t satisfied with this amount and wants to increase it.
Zynga Banks on New Products to Sustain Its Recovery
According to Zynga (ZNGA), it’s planning to introduce new products to drive growth this year.
Why Gaming Stocks Are a Safe Bet after Their Recent Price Fall
The recent market pullback has resulted in several gaming stocks trading at 52-week lows.
Zynga Betting Big on Live Services in 2018
Zynga (ZNGA) expects live services to deliver more than 95% of its revenue in 2018.
What to Expect as Zynga Reports 4Q17 Results
Video game publisher Zynga (ZNGA) is scheduled to report its 4Q17 earnings on February 7, 2018. Zynga’s guidance calls for 4Q17 revenue of $215 million.
Inside Zynga’s Share Buyback Program
In 1Q17, Zynga repurchased $86.2 million worth of its own stock, after repurchasing $30.2 million worth of its own stock in 4Q16.
Did Zynga’s Executives Take More Than Their Share?
Zynga CEO Frank Gibeau took home $24.5 million in total compensation in 2016, while CFO Gerard Griffin received $12.9 million.
Can Zynga Get More Players Interested in Its Games?
Zynga aims to overcome a few challenging quarters amid tough competition in the digital games market and efforts to move from desktop to mobile platforms.
Glu Mobile Beat Analyst Estimates, 4Q15 Revenue Took Huge Fall
On February 3, 2016, Glu Mobile (GLUU) announced its 4Q15 results. It reported GAAP revenues of $61 million, a decrease of 16.3% YoY compared to $72.9 million in 4Q14.