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Glu Mobile expects Q3 adjusted net loss between $4.3 mln-$4.8 mln


Wednesday, 3 Aug 2016 

Glu Mobile Inc : Q2 loss per share $0.14 . Glu reports second quarter 2016 financial results . Q2 earnings per share view $-0.05 -- Thomson Reuters I/B/E/S . Total bookings were $50.9 million in q2 of 2016, compared to $57.5 million in q2 of 2015 . Q3 bookings are expected to be between $50.0 million and $52.0 million . Q3 adjusted gross margin is expected to be approximately 62.1% . Q2 revenue of $48.4 million and q2 bookings of $50.9 million . Total revenue was $48.4 million in q2 of 2016 compared to $56.2 million in q2 of 2015 . Adjusted eps loss, was $0.03 for q2 of 2016 . Q3 adjusted net loss is expected to be between net loss of $4.3 million and net loss of $4.8 million . Fy bookings are expected to be between $195.0 million and $202.0 million. . Fy adjusted gross margin is expected to be approximately 61.9% .Fy adjusted net loss is expected to be between a loss of $19.3 million and $21.8 million. 

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