Mobile gaming company Glu Mobile said that following the launch of a number of titles in the third quarter of 2012, “we did not have any titles that were successful at the level of some of our prior breakout hits, and we had more titles that underperformed our expectations”.

However, in a statement, Eric Ludwig, the company’s CFO, said the company’s results for the period are expected to be in-line with its previous guidance.

According to the company, it used its “historical batting averages” of success and failure to forecast the performance of its titles.

Niccolo de Masi, president and CEO of the company, noted: “As we have stated in the past, the revenue contribution across quarters of a title depends on its early peak performance. We did not have any breakout title launches in Q3 and are still evaluating our expectations of their lifetime performance.”

The company has several titles set for launch in the coming months, which it said will be “important” to its Q4 performance. However, with its earlier lacklustre launches, de Masi said that “we have yet to form an updated view on fourth quarter 2012 results”.

Glu has guided for third quarter non-GAAP revenue of US$20.25 million to US$21.25 million, including US$17.5 million to US$18.5 million of non-GAAP smartphone revenue.