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Glu announces Q3 2020 financial results

Nov 05, 2020 - Marketline Newswire
Financial Results

Glu Mobile has announced financial results for its third quarter ended September 30, 2020.

Record revenue of $158.5 million up 48% year over year with net income of $13.4 millionBookings grew 22% year over year to $147.3 million driven by a 13% increase in Growth GamesFree cash flow of $31.5 million; cash of $318.1 million supports acquisition strategyRaises bookings guidance to a range of $555.3 to $560.3 million and expects significantly higher bottom-line results for full year 2020Intro...