Tuesday, August 6, 2013

Reuters: Technology News: Glu revenue falls as fewer customers bought mobile games

Reuters: Technology News
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Glu revenue falls as fewer customers bought mobile games
Aug 6th 2013, 21:04

Tue Aug 6, 2013 5:04pm EDT

(Reuters) - Glu Mobile Inc reported lower quarterly revenue as it sold fewer games to smartphone and tablet users.

The maker of "Contract Killer" and "Deer Hunter" games reported net loss of $2.9 million, or 4 cents per share, For the second quarter, compared with $3 million, or 5 cents per share, a year ago.

Revenue fell 16.5 percent to $24.4 million.

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