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Glu Mobile: Will The Rally Last This Time?

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Summary

  • Glu Mobile beat Q1'15 expectations.
  • The company continues building on numerous franchises providing more repeatable revenue.
  • Revenue growth in 2015 isn't based on a big hit.
  • Glu Mobile has several upside catalysts including the Tencent deal and a slew of games producing a unexpected hit.
  On the surface, the rally in Glu Mobile (NASDAQ:GLUU) appears eerily similar to last year. Within a short-time period, the mobile-game developer quickly rallied from around the $3.50 range to the $7 range. In reality, the move this time is vastly different and based on more consistent results.


 Read the full article on Seeking Alpha.


  Disclosure: Long GLUU.  Please read the disclaimer page for more details.

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