6/2/2023 0 Comments Enter key diner dash 2![]() "At Glu, we believe content generates longterm value and you can count the number of franchises with this many installs on the fingers of one hand."īy way of example, he points to the Deer Hunter brand, which Glu licensed from Atari, and ending up buying from the troubled publisher in 2012. "It's a massive franchise, with over 750 million installs, and one that Glu previously licensed for feature phones," de Masi continues. ![]() "I've had my eye on Diner Dash since 2008," says Glu's CEO Niccolo de Masi, when asked why Glu had taken a chance buying a company, which despite absorbing plenty of VC cash over the years, hasn't recently proven it can operate in a world of free-to-play mobile games. Instead, the main news was that Glu had bought fellow San Francisco outfit PlayFirst in an all-share deal, that including debt concerns, was valued at $16.5 million. ![]() It's a measure of how quickly things can change that the headlines from Glu Mobile's Q1 2014 financials weren't about it generating $3.8 million in operational cash flow or year-on-year sales growth of 81 percent.įor this is the second quarter that the troubled publisher, which operates under the GLUU ticker on the NASDAQ exchange, has posted numbers that suggest after many loss-making years, it will could be posting full-year GAAP profits in the not too distant future.
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