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It has new names set to FIFA Mobile

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It has new names set to FIFA Mobile has not posted anything yet
Start date 20-03-21 - 11:18
End date 30-04-21 - 11:19
  • Description

    There are many synergies between both of these game producers. Glu Mobile's group, headed by former Electronics veteran Nick Earl, has shown very adept at creating, analyzing, and launch titles across numerous genres, such as sports, role-playing, and lifestyle matches.

    EA's specialty is designing sports games under its EA Sports tag, however Glu Mobile has also proven it can consistently grow a mobile sports company. Harness Sports Baseball was a hit for the company, growing from about $4 million of reservations in 2014 to over $90 million in 2019. The teams at EA Sports and Glu Sports can obviously share thoughts to make even better at what they do so well.

    A deep pipeline of fresh games.The development pipeline in Glu Mobile looks quite promising. It has new names set to start soon, including Harness Sports Fishing, Deer Hunter World, along with an upgraded version of Tap Sports Baseball for its 2021 season. EA plans to bring Tap Baseball to new countries with its licensing expertise from EA Sports.There can be Table & fresh, a brand new lifestyle game, as well as a variety of hyper-casual games starting from Glu's Crowdstar studio. What's more, Glu Mobile can bring new ideas to EA about how to monetize certain names. The business reported seeing favorable early results from this initiative around the very last earnings call.

    Growth at an unbiased price.It's worth checking the cost that a business is paying when it declares a significant acquisition. As Warren Buffett has said,"Price is what you pay, value is what you get." Across three hot valuation metrics, Glu Mobile looks like a fantastic value in the movie game industry.EA is paying $12.50 a share in money to Glu Mobile shareholders, which places the latter's price-to-free cash flow multiple at 47.

    On a forwards price-to-earnings foundation, Glu trades in a multiple of 25, that looks like a relatively great deal in comparison to its bigger peer Zynga, which trades in a higher forwards P/E of $28. Glu is also a better bargain on a price-to-sales basis using a multiple only under four, whereas Zynga transactions at nearer to 6 times earnings , up there with the industry's top video game stocks.

    Want to learn more about FIFA Mobile Coins at