Is Design Home’s Performance Enough To Rescue Glu Mobile?

By on Jun 13, 2017 in Mobile Design | 0 comments

The highlight of Glu Mobile’s (NASDAQ:GLUU) FY17 Q1 financials was the explosive growth of its social interactive interior design game Design Home.

Acquired as part of Glu’s $45.5 million purchase of US developer Crowdstar in November 2016, the game, then, was something of an unknown quality.

Partly this was because it only launched post-acquisition and that during the two-month period captured as part of Glu’s FY16 Q4 quarter non-GAAP bookings of $4 million didn’t suggest quarter-on-quarter (pro rata) sales growth of 150 percent.

But that’s what happened, with Design

Article source: https://seekingalpha.com/article/4081098-design-homes-performance-enough-rescue-glu-mobile

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