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TheStreet Open House

Glu Mobile's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Stocks in this article: GLUU

These risk factors are described in our press release and are more fully detailed under the caption Risk Factors on the Form 10-Q filed with the Securities and Exchange Commission on May 10, 2012.

On this call we will present both GAAP and non-GAAP financial measures. Non-GAAP measure exclude the change in deferred revenues and royalties, amortization of in-process development contracts, amortization of intangibles, stock-based compensation charges, restructuring charges, changes in the fair value of the Blammo earn-out, transitional costs, release of tax liabilities, and foreign currency gains and losses primarily related to reevaluation of assets and liabilities.

Additionally, we will be discussing adjusted EBITDA, which is defined as non-GAAP operating income loss, excluding depreciation. These non-GAAP measures are not intended to be considered in isolation from, as substitute for, or superior to our GAAP results, and we encourage investors to consider all measures before making an investment decision.

For complete information regarding our non-GAAP financial information, the most directly comparable GAAP measures, and a quantitative reconciliation of those figures, please refer to today’s press release regarding our second quarter results. The press release has also been furnished to the SEC as part of a Form 8-K.

In addition, please note that the date of this conference call is August 2, 2012, and any forward-looking statements that we may make today are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements as a result of future events.

Lastly, this conference call is the property of Glu Mobile, and any recording, reproduction, or rebroadcast of this conference call without the express written permission of Glu is strictly prohibited.

With that, I’ll turn the call over to Niccolo. Niccolo?

Niccolo de Masi

Good afternoon, and welcome to everyone joining us today. Before I begin, allow me to direct you to the supplemental presentation accompanying today’s earnings. It can be accessed via our investor website, glu.com/investors. In addition to the presentation, you will find two demo videos of our upcoming H-2 titles.

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