Glu Mobile is getting a lot of payback from its acquisition of Crowdstar in 2016. The addition of its titles Design Home and Covet Fashion, two games aimed at women that Crowdstar created, helped the company report a 31 percent revenue increase in its second quarter ended June 30.
Revenue came in at $90.2 million for the second quarter, compared with $68.7 million a year earlier. The company raised its full-year bookings guidance to $374 million to $378 million, an $11 million increase for the year. The net loss for the quarter was 3 cents a share, compared with a loss of 17 cents a share a year earlier.
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