With Sorcerer's Arena, Glu is sacrificing its near-term margins to gain users and widen its moat in the competitive mobile gaming market - so investors should see if that gamble pays off over the next few quarters. Glu's business is naturally insulated from the COVID-19 headwinds, and it hasn't altered its guidance in light of the pandemic. But if Disney Sorcerer's Arena is a hit, its monthly and daily active users could grow again. The launch of Disney Sorcerer's Arena is a risky move for Glu since it increases its dependence on licensed titles and shoulders it with high royalties again. Will Disney Sorcerer's Arena move the needle for Glu?
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But if Sorcerer's Arena makes a splash, it could significantly boost Glu's bookings throughout the rest of the year. Long hair - Free Spirit (lvl 4) and Denim Daze (lvl 6) and sometimes Side Sweep (lvl 4) ii.
Disney-licensed games also rarely cracked App Annie's top rankings in the past, and it's unclear if Sorcerer Arena can break that streak of mediocre returns. asked Apr 29 in Games by kk3575515 (126k points) How to unlock everything on covet fashion Is there any hack to unlock everything on Covet Fashion fashion. Those comments don't offer much insight into Sorcerer Arena's growth potential. Glu also notably excluded Sorcerer's Arena from its first-quarter guidance, which calls for roughly 1.5% annual bookings growth, but declared it would provide a clearer bookings forecast for the game during its earnings call in May. In short, Glu expects Disney's high licensing fees and its own operating costs to dent Sorcerer Arena's margins before it can monetize more gamers to offset those losses. What does Glu expect from Disney Sorcerer's Arena?ĭuring last quarter's conference call, CFO and COO Eric Ludwig declared that Disney's Sorcerer's Arena and Deer Hunter Next "could over time become scale growth games, which contribute meaningfully to our long-term margins." Ludwig noted that Glu's new games would likely rack up adjusted EBITDA losses in the first half of the year before becoming profitable in the second half of the year, resulting in break-even profits for 2020. It expects Originals, an interactive story game, to drive its growth in the middle of the year, followed by the launch of Deer Hunter Next in the second half of the year. Any tips on getting top looks in the future once I level up more or tips on spending money wisely are greatly appreciated! Also, if anyone is willing to take me into their Fashion House, I'm level 3 and am willing to work hard during rallies!.In early February, Glu highlighted Sorcerer's Arena and Tap Sports Baseball 2020 as its near-term catalysts for the first quarter.
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