Glu Mobile (NASDAQ: GLUU) recently reported mixed second-quarter results as it failed to match up to Wall Street’s revenue expectations, but its shares are still rising on the promise of a brighter future. The mobile gaming specialist has boosted investor confidence by raising its full-year forecast substantially as some of its titles are gaining terrific traction thanks to the company’s recent investments to build up its player base.Here are some of the key takeaways from Glu Mobile’s latest earnings report that indicate why it hasn’t run out of steam yet.Image Source: Glu Mobile Continue reading
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