Glu's First Quarter 2008 Is Better Than Expected
Glu Mobile Inc. has announced its first quarter 2008 financial results in a press release today. It was revealed that Glu's consolidated revenue had increased $4.9 million from the first quarter of 2007 from $15.7 million to $20.6 million.
“Strong sales in the U.S. and China, as well as a rebound in the European market, contributed to a better than expected quarter for us. The integration of MIG and Superscape, our title plan roadmap for the remainder of 2008 and our continued operational discipline position us to increase significantly our global market share in the coming months and quarters,” said President and Chief Executive Officer of Glu, Greg Ballard.
[Be Sure to Check Out the Press Release on BusinessWire Here]
