Publisher Glu Mobile (NASDAQ:GLUU) has had a bad time financially in recent years as it's tried to transition from being a carrier-focused publisher to a smartphone-focused and now freemium-oriented outfit.
Yet, despite its continued quarterly losses, there is some light at the end of the tunnel.
Its two October released free-to-play games Gun Bros. and Toyshop Adventures have both racked up over one million downloads
This is up from the 460,000 and 680,000 respectively announced in its Q3 earnings report at the start of November.
Shooting up
"We are thrilled with the reception to our first social mobile games. We expect to release five to six new social mobile titles every quarter on smartphones and tablets to satisfy mobile gamers appetite for quality, innovative gameplay and social mobile games," said CEO Niccolo De Masi.
Despite some initial server problems, Glu says Gun Bros. is currently averaging more than 100,000 daily active users, while Toyshop Adventures has more than 70,000 daily active users.
However Glu has some way still to go, as in-app transactions and advertising revenue currently only make up 4 percent of its overall sales.
[source: BusinessWire]
News
Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
Top Stories
News
3 hours, 59 minutes ago
My.Games launches new PC and console focused label Knights Peak Interactive
Feature
Jun 11th, 2024
Mobile Mavens: Are today's everlasting, live ops games holding back new innovation?
Feature
Jun 11th, 2024
The key takeaway from Apple's AI-laden WWDC keynote? It's time to buy a new iPhone
Events
Tribeca Games Festival 2024 | North America | Jun 5th |
Steam Next Fest: June 2024 Edition | Jun 10th | |
WN Conference Istanbul 2024 | Jun 11th | |
GamesForum Hamburg 2024 | Europe | Jun 11th |
ESI London 2024 | Europe | Jun 13th |
Game Con Canada (GCC) 2024 | North America | Jun 14th |
Indie Dev Play 2024 | Europe | Jun 14th |
DevGAMM Vilnius 2024 | Europe | Jun 14th |