Covet Fashion surpassed a billion dollars in lifetime bookings while the net bookings for the Tap Sports Baseball franchise rose to a record high in the six years since the game was launched. Tech giant Apple's recently launched gaming subscription service, Apple Arcade, primarily targets mobile users. But as the world changes around the company, Glu is … Prior to that, David spent ten years at PopCap Games, first as vice president of social games and then, after the studio was acquired by EA, as vice president of PopCap Studio. Quarterly bookings for Covet Fashion were up 28% year over year at $17.2 million on the back of in-game merchandising. Design Home Inspired lets players buy real "home décor accessories" in-game, Mobile dev posts $8.9 million profit as revenue rises across portfolio, Lead Game Programmers – Benelux - €60,000, Server Engineer - London - paying up to £70,000, Sharkmob's new opportunity for UK AAA developers, The thing about trolls is they regenerate | 10 Years Ago This Month, Humble names Sithe Ncube and Justin Woodward strategic advisors for Black Game Developer Fund, Gaming will be a frontline in China's censorship drive | Opinion, FIFA physical sales continue to fall sharply | UK Boxed Charts, Retaining and fostering women in the games industry, Electronic Sports and Gaming Summit (ESGS) 2020 Online, Brighton Hilton Metropole, Brighton, United Kingdom, Level-5 has virtually halted operations in North America, Microsoft exploring browser workaround to bring Xbox Game Pass to iOS, Tencent paid $126 million for 15% of Glu Mobile, Glu Mobile opens e-commerce platform within Design Home, Glu Mobile avoids second year of loss thanks to Q4 surge. “Design Home has captivated a global audience of highly creative players who have downloaded the game over 90 million times,” said Nick Earl, President and CEO of Glu. Read more about cookies here. However, this mobile gaming stock is poised to move higher after the recent pullback, as it continues to benefit from an expansion of scale, resulting in improved margins and solid top-line growth. Am 22. While it doesn't currently have a property that can match the popularity of Take-Two's Grand Theft Auto or Activision Blizzard's Call of Duty, the company has a solid collection of bankable franchises and development studios capable of churning out hits. tap here to see other videos from our team, https://www.businesswire.com/news/home/20200928005414/en/, Save on beautiful home décor, including pillows, mirrors, art, lighting, rugs, accessories, bedding, tableware and home office items ranging from $10-$1,500, Items are delivered right to your home, bringing your own design inspirations to life, Every Design Home Inspired purchase earns Diamonds to spend back on virtual inventory in the game. In 2020, Glu Mobile expects games such as Diner DASH Adventures and Disney Sorcerer's Arena to expand player base. Covet Fashion, Deer Hunter, Design Home,Diner DASH, Tap Sports, Glu and Glu Mobile are trademarks of Glu Mobile Inc. View source version on businesswire.com:https://www.businesswire.com/news/home/20200928005414/en/, Ellen Cohn Bobella PR@glu.com650-483-8226. When Zynga announced it was purchasing Turkish developer Peak Games at the beginning of June, the company said it expected the integration to boost its daily active users on mobile platforms by more than 60%. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. News of weak user feedback for an early test version of a story-based game platform the company has been working on may have ultimately soured the market on what was a pretty good quarter in many respects. Messenger – Text and Video Chat for Free 285.0.0.17.119 2020-10-07 Download APK ; 5. Overall for Q3, Glu Mobile reported better-than-expected results, with net bookings growth of 20% year over year.This also resulted in a higher adjusted EBITDA in the third quarter. This advertisement has not loaded yet, but your article continues below. It also has a collection of studios working on supplemental content and new franchises and a strong balance sheet opening the door to acquisitions. Instagram 162.0.0.42.125 2020-10-05 Download APK; More » Download APKPure … April 2020 um 18:24 Uhr bearbeitet. April 22, 2020. Diese Seite wurde zuletzt am 24. But now, with mobile gaming growing at a solid pace, is it time to bet on niche player Glu Mobile (NASDAQ:GLUU)? The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. The global mobile gaming market is forecast to reach $95.4 billion in 2022, up from $62.2 billion in 2018, according to Newzoo. The company surpassed Activision Blizzard's King Digital division to become the biggest mobile games publisher in the U.S. by revenue in July, and it still has plenty of room for growth over the long term. Why not be the first to post one? Am 3. Please try again. Nachrichten zur Aktie Glu Mobile IncShs | A0MLUQ | GLUU | US3798901068 With the stock looking cheaply valued in the context of its growth potential, Glu is a hot buy this September. September 2014 wurde PlayFirst von Glu Mobile übernommen. Glu Mobile. Eric Ludwig, Glu Mobile's COO stated, "For fiscal 2020 we expect the following from our currently live titles: high single-digit percentage increases on a year-over-year basis from our 3 growth games plus a full year of contribution from Diner DASH Adventures. In the quarter ended in September, Design Home generated $45.2 million in bookings, accounting for 37.5% of total bookings, which stood at $120.4 million. The industry has shifted to digital gaming and is now expanding to cloud and subscription gaming as well. It was the highest earning game for Glu Mobile in 2019, helping the mobile firm return to profit. The oldest, largest and most accurate video game database covering over … These three games accounted for 77% of net bookings for Glu Mobile in the third quarter. Comments may take up to an hour for moderation before appearing on the site. Keith Noonan owns shares of Activision Blizzard, Glu Mobile, Take-Two Interactive, and Zynga. Join millions of design and home décor lovers to discover, design, and shop items you love while styling gorgeous rooms in a visually stunning 3D experience. Live-ops are game play enhancements that drive user engagement higher. It has managed to grow sales from $201 million in 2016 to $385 million in 2018. Glu Mobile's EBITDA rose from a loss of $39.2 million in 2016 to $41.7 million in 2018. Heavyweights such as Activision Blizzard, Take-Two Interactive, and Electronic Arts have performed exceptionally well for a good part of this decade. David is an industry veteran whose experience spans 20 years. Zynga has a promising collection of video game franchises and development studios capable of creating hit new content, and the company is in a good position to benefit from long-term growth of the video game industry. It includes the net amount of products sold digitally and physically as well as revenue from in-game advertising, merchandise, and licensing fees. Maintaining engagement and boosting profitability for core franchises has helped the company increase sales and profitability in recent years, and Zynga will have the opportunity to apply its life-cycle and monetization magic to Peak's popular titles. Celebrity Edition. Gaming stocks have been some of the juiciest picks for investors over the past five years. … Glu Mobile, Inc. is an international publisher of mobile games with headquarters in San Mateo, California (USA). However, long-term investors shouldn't get too hung up on this setback. Underperformance for some key titles and substantial release delays have put a damper on sales and earnings, and this weakness has naturally translated to the company's stock performance. Dezember 2016 wurde bekanntgegeben, dass Glu Mobile QuizUp für 7,5 Millionen US-Dollar erworben hat.
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