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Glu Mobile and Siri XM Stock Volume Soars on Fourth-Quarter Results: Glu Mobile Inc.’s (NASDAQ: GLUU), Sirius XM Holdings Inc. (NASDAQ: SIRI), Zynga Inc. (NASDAQ:ZNGA, Cell Therapeutics Inc. (NASDAQ:CTIC)

On Feb 10, 2014 smartphone game maker Glu Mobile Inc.'s (NASDAQ:GLUU - News) stock volume soared with 4,266,674 shares changing hands, substantially higher than its three-month average volume of 3,400,832 shares.

The uptick in volume comes on the heels of the San Mateo-based company's Feb. 5, 2014 reporting of its fourth-quarter and full-year 2013 Financial Results.

Fourth Quarter 2013 Financial Highlights:

All the financial information that follows reflects the recognition on a gross basis of smartphone revenues attributable to sales to end customers through third party digital storefronts.

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- Revenues: Total GAAP revenues were $34.8 million in the fourth quarter of 2013 compared to $26.3 million in the fourth quarter of 2012. Total non-GAAP revenues were $42.8 million in the fourth quarter of 2013, an increase of 62% compared to $26.4 million in the fourth quarter of 2012. Non-GAAP revenues exclude changes in deferred revenues.

- Gross Margin: GAAP gross margin was 69% in the fourth quarter of 2013 compared to 68% in the fourth quarter of 2012. Non-GAAP gross margin was 73% in the fourth quarter of 2013 compared to 71% in the fourth quarter of 2012. Non-GAAP gross margin excludes changes in deferred revenues and cost of revenues, amortization of intangible assets and non-cash warrant expense.

- GAAP Operating Loss: GAAP operating loss was $(3.7) million in the fourth quarter of 2013 compared to a $(6.7) million loss in the fourth quarter of 2012.

- Non-GAAP Operating Income (Loss): Non-GAAP operating income was $5.3 million in the fourth quarter of 2013 compared to a loss of $(2.5) million during the fourth quarter of 2012. Non-GAAP operating loss excludes changes in deferred revenues and deferred cost of revenues, amortization of intangible assets, non-cash warrant expense, stock-based compensation expense, restructuring charges, change in fair value of the Blammo earnout, transitional costs and impairment of goodwill.

- Adjusted EBITDA: Adjusted EBITDA was positive $6.0 million for the fourth quarter of 2013 compared to a $(1.8) million loss during the fourth quarter of 2012. Adjusted EBITDA is defined as non-GAAP operating income/(loss) less depreciation.

- GAAP Net Loss and EPS: GAAP net loss was $(3.7) million for the fourth quarter of 2013 compared to a loss of $(7.1) million for the fourth quarter of 2012. GAAP EPS was a loss of $(0.05) for the fourth quarter of 2013, based on 78.1 million weighted-average basic shares outstanding, compared to a loss of $(0.11) for the fourth quarter of 2012, based on 65.7 million weighted-average basic shares outstanding.

In addition to its improved financial performance, Glu Mobil has also released a bevy of new games for smart phones in January.

Here a summary of some of the new releases:

- On Jan. 9, Glu Mobile released its new Robocop mobile game, which in addition to offering players the use of experimental weapons and drone strikes, players face hostage, onslaught, survival, and escalation missions. Daily challenge missions test the skills acquired throughout training. To defeat tougher levels and hardcore criminals, players can upgrade their weapons, skills, and gear to build the ultimate crime-fighting machine.

- On Jan. 15, Glu introduced its Defenders & Dragons for iPhone, iPad, and iPod touch. Defenders & Dragons is a fantasy themed tower-defense title from Glu featuring medieval heroes, multiple enemies, and high-energy gameplay. Players choose from five different characters as they fight to protect the seals of The Three Realms and defeat the evil Balewyrm. Multiplayer collection battles allow players to challenge their friends and earn rewards.

- On Jan. 23, Glu rolled out Motocross Meltdown on the App Store and Google Play. Enter the fast-paced world of Motocross racing, and push the limits for big air, speed, and style to become the undisputed champion! With hundreds of different bike configurations, players can fine-tune their ride to dominate the competition. The game exclusively features X Games bronze medalist and world record holder, Wes Agee, and Supercross champion and X Games gold medalist, Josh Hansen.

Analysts' Consensus

The game-making business is a little like the movie business in that a studio needs a big hit to establish a foothold in the marketplace. Glu Mobile already has that hit with its Deer Hunter game for smartphones. It was recently expanded to Facebook.

Although the gaming industry is inherently risky, of the nine analysts covering Glu Mobile, six recommend a “strong buy,” of its stock while three recommend a “hold.”

On Feb 10 GLUU’s share price closed at $4.96, up 3 cents from the share price of $4.93 the previous day.

Find out what could be the best investor’s move when it comes to GLUU by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com/

Solid Fourth-Quarter and 2013 Earnings

Meanwhile, satellite-radio provider Sirius XM Holdings Inc. (NASDAQ:SIRI - News) has come a long way from the time its share price bottomed at 5 cents in February of 2009.

Sirius’ total recovery was evident in its fourth-quarter and full-year 2013 earnings reported on Feb. 4, 2014.

The company generated record revenue of $1.0 billion and $3.8 billion in the fourth quarter and full-year, respectively, each up 12%. Net income for the fourth quarter and full-year were $65 million and $377 million, respectively, or $0.01 and $0.06 per diluted common share, respectively.

Income from operations was $245 million and $1.0 billion in the fourth quarter and full-year 2013, respectively. Adjusted EBITDA increased 41% in the fourth quarter to a record $326 million. Full-year 2013 adjusted EBITDA was $1.17 billion, an increase of 27% from $920 million in 2012.

Potential Lawsuits Generated By Acquisition

Despite a myriad of law-firm of Sirius XM for potential stockholder claims as a result of the satellite-radio investigations company’s proposed acquisition by Liberty Media Corp., its stock price is holding its own.

On Jan. 3, 2014, Liberty Media make an offer to buy Sirius for about $10.4 billion at a rate of $3.68 per share. The deal involves creating a new class of stock called Series C, adding 0.076 per share to give the company a total market value of as much as $27 billion.

Although the pending acquisition has triggered a slew of potential stockholder lawsuits, without Liberty Media, Sirius XM might not have been here today.

That’s because in 2009, Liberty Media kept Sirius XM from going bankrupt with a $530 million loan. As a result, Sirius XM has been able to build a subscriber base 25.6 million strong. It’s done so with a line-up of paid-radio choices including classical, rock, alternative, country, sports and live concerts, including the extremely-popular morning man Howard Stern serving as the company’s anchor. Moreover, having new cars equipped with XM receivers has also boosted the company’s popularity and acceptability. However, Sirius XM still faces brutal competition from such digital radio competitors as Pandora Media Inc., AOLRadio and Apple Inc.

On Feb. 10, SIRI’s share price closed at $ 3.49, up 5 cents from its closing price of $ 3.44 the previous day on volume of 118,952,176 shares.

Find out what could be the best investor’s move when it comes to SIRI by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com/

Zynga Regroups

San Francisco-based online game maker Zynga Inc. (NASDAQ:ZNGA - News) was one of the most active stocks of the day with 36,822,368 shares changing hands on Feb.10, 2014.

This should come as no surprise considering the volatile nature of the selling games on social networks such as Facebook (NASDAQ:FB - News). While Zynga has enjoyed some success in 2013 with such popular games as Zynga Poker, Farmville, and Farmville 2 still topping social-gaming charts, its quarterly revenue fell by about 30% in 2013 due to competing games. The company reported during its second quarter that it lost 39% of its active users in 2013 compared with the previous year, decreasing to 187 million.

Since then, Zynga has gone though some major restructuring, including recruiting and hiring its new CEO Don Mattrick, who served productive stints both at Microsoft Corp. (NASDAQ:MSFT - News) and Electronics Arts Inc. (NASDAQ:EA - News). Zynga also reduced its workforce by 18% when it laid off 520 workers as part of slashing $80 million dollars from its budget. It is also developing new role-playing games, which have a longer lifespan that social games, by introducing such games as Battlezone. In addition, Zynga is making a foray into online gambling games by introducing ZyngaPlusCasino and ZyngaPlusPoker in the United Kingdom.

On Feb. 10, ZNGA share price closed at $4.56, up 3 cents from its share price of $4.53 cents the previous day.

Find out what could be the best investor’s move when it comes to ZNGA by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com/

Two Anti-Cancer Agents Added to Portfolio

Cell Therapeutics Inc. (NASDAQ:CTIC - News) stock volume is also soaring in part because of a recent announcement from its President and CEO James A. Bianco M.D. regarding the addition of two anti-cancer agents from Novartis to its portfolio.

“Regaining full rights to these two anti-cancer agents -- one currently marketed in Europe and the other completing late-stage development -- provides us with the flexibility to manage these assets within the context of our overall product portfolio strategy,” Bianco, said in a written statement.

On Feb. 10, the share price of CTIC closed at $3.49, up 16 cents from the previous day share price of $3.33 on a soaring volume of 7,435,066, substantially higher than its average three-month, daily volume of 5,349,885 shares.

Find out what could be the best investor’s move when it comes to CTIC by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com/

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