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Technology Stocks : Growth Investing

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From: JakeStraw5/4/2011 8:04:25 AM
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Glu Reports First Quarter 2011 Financial Results
finance.yahoo.com

-- 98% quarter over quarter non-GAAP smartphone revenue growth

-- 20.0 million installs during the first quarter of 2011 and 70.2 million installs life to date across iOS and Android devices and social networking websites

“Our strong first quarter results highlight the successful execution of our cross-platform social gaming strategy,” stated Eric R. Ludwig, Glu’s Chief Financial Officer. “Investing in our growth remains a key priority as we focus on building and leveraging our mobile gaming platform. With a strengthened balance sheet and a commitment to allocating resources to our key growth initiatives, we are well positioned to become one of the leading mobile freemium game providers in the industry.”

Glu Mobile's CEO Discusses Q1 2011 Results - Earnings Call Transcript
May 03, 2011
seekingalpha.com
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