|Bid||8.45 x 1400|
|Ask||8.46 x 2900|
|Day's Range||8.15 - 8.95|
|52 Week Range||3.98 - 10.85|
|Beta (5Y Monthly)||0.84|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 04, 2020 - Nov 09, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.16|
Ladies and gentlemen, thank you for standing by, and welcome to the second-quarter 2020 Glu Mobile earnings call. Good afternoon, everyone, and thank you for joining us on Glu Mobile's second-quarter 2020 earnings conference call. On the call today are Nick Earl, president and chief executive officer; and Eric Ludwig, COO and chief financial officer.
Glu Mobile Inc. (NASDAQ: GLUU), a leading global developer and publisher of mobile games, today announced financial results for its second quarter ended June 30, 2020. The company also provided an outlook for its financial performance in the third quarter and raised its financial guidance for the full year 2020.
Glu Mobile (NASDAQ: GLUU) announces its next round of earnings this Tuesday, August 04. Here is Benzinga's everything-that-matters guide for this Tuesday's Q2 earnings announcement.Earnings and Revenue Sell-side analysts expect Glu Mobile's EPS to be near $0.08 on sales of $165.51 million. Glu Mobile reported a per-share profit of $0.020 when it published results during the same quarter last year. Sales in that period totaled $95.54 million. If the company were to report inline earnings when it publishes results Tuesday, earnings would be up 300.0%. Revenue would be up 71.67% from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019 EPS Estimate 0 0.08 0.03 0.05 EPS Actual -0.06 0.07 -0.03 0.02 Revenue Estimate 96.41 M 103.60 M 110.24 M 101.65 M Revenue Actual 107.27 M 112.88 M 107.08 M 95.54 M Stock Performance Over the last 52-week period, shares are up 86.52%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.View more earnings on GLUUDon't be surprised to see the stock move on comments made during its conference call. Glu Mobile is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/qxrfeu3tSee more from Benzinga * Stocks That Hit 52-Week Highs On Thursday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.