Glu Mobile has published a report for the third quarter of 2014, which ended for the company on September 30, 2014. The company’s revenue amounted to a record $64.8 million, which is 199% more compared to the same period last year and 15% more than in the previous quarter.
The main growth factor was the title Kim Kardashian: Hollywood, which brought the company 52% of the total revenue.
Net profit for the quarter was $10.6 million, while 12 months ago the company closed the same quarter with a loss of $8 million, and the second quarter was closed with a loss of $3 million.
Glu Mobile CEO Niccolo de Masi claims that the past quarter was the most successful in the company’s history.
“The third quarter created the title Kim Kardashian: Hollywood, the recently released Dino Hunter: Deadly Shores, Tap Sports: Baseball, along with Deer Hunter 2014 and Eternity Warriors 3, and also recently added to our Racing Rivals portfolio.”
DAU also reached a record for the company, 7.2 million, but MAU decreased to 60.3 million compared to the previous quarter.
The company ended the quarter with cash and cash equivalents valued at $54 million.
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