Glu Mobile (GLUU) Numbers Out Emitting Radar Signals

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Posted On: 02/06/2014 7:24:59 AM

Posted By: riddock57

Glu Mobile, Inc. (GLUU)

Keep a close eye on GLUU . The company delivered the strongest quarterly financial performance in its history with both non-GAAP revenue and adjusted EBITDA setting GLUU all-time records

For its fourth quarter 2013, GLUU posted total GAAP revenues of $34.8 million, compared to $26.3 million in the same period the prior year, total non-GAAP revenues increased by 62% year over year to $42.8 million, GAAP net loss of $(3.7) million, an improvement from a loss of $(7.1) million for the fourth quarter of 2012, and non-GAAP net income of $5.4 million, versus a loss of $(3.2) million for the same period the previous year.

GLUU posted positive adjusted EBITDA of $6.0 million for the fourth quarter of 2013, compared to a $(1.8) million loss during the fourth quarter of 2012.

GLUU is a leading global developer and publisher of free-to-play games for smartphone and tablet devices.

More about Glu Mobile, Inc. (GLUU) at www.glu.com .

Crown Equity Holdings Inc. (CRWE)

CRWE is looking to deliver value for its stockholders in both the near and long term, and to improve the potential future growth for the company, is targeting the multi-billion dollar social networking service market.

The company is currently developing CRWE Network (CRWE-PR), a social networking service compatible with both, the mobile and desktop web platform, that is designed to target all the communities in every state of the U.S., with its geographic focus starting in Southern California, Las Vegas Nevada and cities in Canada such as Calgary , Edmonton , Kamloops , Montreal , Saskatoon , Toronto , Vancouver , Victoria and Winnipeg .

CRWE 's business model is based on selling advertising to local businesses. Its goal is to facilitate exchanges of goods and services in a manner similar to Craigslist, a classified advertisements website with sections devoted to jobs, housing, personals, for sale, items wanted, services, community, gigs, résumés, and discussion forums.