Record Numbers by Glu Mobile Initiates of Analyst Coverage: Glu Mobile Analyst Report by BrokerBank Securities, Inc.

NEW YORK, July 28, 2014 /PRNewswire/ -- Glu Mobile Inc. GLUU, a leading global developer and publisher of free-to-play games for smartphone and tablet devices.  GLUU recently recorded Q1 non-GAAP revenues of $47.0 million, up 90% year-over-year and significantly exceeded guidance.  Record Q1 GAAP revenues of $44.6 million and record adjusted EBITDA for the first quarter of $6.5 million also significantly exceeded guidance.  GLUU has also recently signed an agreement to acquire PlayFirst Inc., owner of Diner Dash franchise and has been selected as first partner to bring film franchise James Bond: 007 to mobile gamers worldwide.  We are optimistic about its long-term prospects with visible cash flows but remain cautious in the near term.

An analyst report which details an overview of the company, financial analysis, recap of recent events and analyst recommendation can be viewed in its entirety by using the link below. There is no cost obligation required to view this report: 

http://bit.ly/-GLUU-AnalystReport 

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SOURCE BrokerBank Securities, Inc.