While the whole gaming market was focused on Zynga (ZNGA) and the social media gaming platform of Facebook (FB) in 2011, Glu Mobile (GLUU) quietly focused on building a mobile gaming empire. The company is scheduled to launch a total of 18 games in the back half of 2012.
The company is leading global developer and publisher of freemium games for smartphone and tablet devices.
The company that entered 2012 with some promise but little in the way of results is now growing smartphone revenues by 100% year-over-year. With Q4 set to begin next week, the company has a slew of strong titles including the currently popular Indestructible that ranks highly in the iOS app store.
Read the full article at Seeking Alpha.
Note: Posted a video clip below from the CEO when he interviewed with Bloomberg back in August. Any interested investor should watch it as well.
Disclosure: Short FB. Please review the disclaimer page for more details.