Glu Mobile Reports Q4 Profit - Quick Facts

(RTTNews) - Glu Mobile Inc. (GLUU) reported fourth-quarter net income of $1.38 million or $0.01 per share, compared to a loss of $3.52 million or $0.05 per share, prior year. Adjusted earnings per share was $0.11, for the quarter.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.02 for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $72.87 million from $34.84 million last year. Total non-GAAP revenue was $76.2 million, compared to $42.8 million in the fourth quarter of 2013. Analysts expected revenue of $63.78 million for the quarter.

The company expects first-quarter non-GAAP revenues to be between $50.0 million and $52.0 million. Non-GAAP net loss is expected to be between $1.0 million and $3.0 million or between $0.01 and $0.03 per share. Analysts expect the company to report first-quarter earnings per share of $0.03 on revenue of $58.16 million.

For its full year Ending December 31, 2015, the company expects: non-GAAP revenues to be between $245.0 million and $275.0 million, and non-GAAP net income to be between $26.0 million and $31.0 million or between $0.23 and $0.28 per share. Analysts expect the company to report 2015 earnings per share of $0.22 on revenue of $245.67 million.