=Glu Mobile (GLUU) reported earnings on Thur 1 Aug 2019 (a/h)

Glu Mobile beats by $0.02, reports revs in-line; guides Q3 revs below consensus; guides Q4 (Dec) revs below consensus; delays Sorcerer's Arena to 1Q20

Reports Q2 (Jun) GAAP earnings of $0.02 per share, $0.02 better thanthe S&P Capital IQ Consensus of $0.05; revenues rose 2.5% year/year to $101.9 mln vs the $100.93 mln S&P Capital IQ Consensus.

Co issues downside guidancefor Q3, sees Q3 revs of $110-112 mln vs. $120.36 mln S&P Capital IQ Consensus.

Co issues downside guidancefor Q4 (Dec), sees Q4 (Dec) revs of $101.5-103.5 mln vs. $132.58 mln S&P Capital IQ Consensus.

Updates Disney Sorcerer's Arena worldwide launch timing to Q1 2020.

"In the second half of the year, our focus will be on enhancing our live titles with new features and continuing to fine-tune our pipeline of potential Growth Games. We believe that this strategy will help build momentum in the second half and set us up for strong results in 2020."