NetworkNewsBreaks – Glu Mobile Inc. (NASDAQ: GLUU) Featured in ROTH Equity Research Report
Glu Mobile (NASDAQ: GLUU) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “FY20 guide in-line despite softer 1Q, overall outlook still excludes new game potential. GLUU’s guidance for FY20 bookings and adj. EBITDA was effectively in-line with expectations and continues to exclude any potential contribution from what could be 3-4 new game launches throughout FY20. 1Q20 bookings and adj. EBITDA came in softer than expected with midpoints of ~$94M and ~($1.65M), attributable to the seasonal drop off in TSB bookings, more aggressive UA spend (lower CPIs) and heavy marketing and correlated…







