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AppLovin Q3 Earnings Release: Revenue and EPS Beat Consensus

Investor's Business Daily +2 · ·by G4L

APP Applovin Corp
$410.00 +4.80%
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  1. 1AppLovin Corp's third-quarter earnings per share reached 6.2%, beating consensus and recovering from a weak second quarter.
  2. 2AppLovin Corp's third-quarter revenue of $2.185 billion was 5.0% above consensus.
  3. 3Management reaffirmed a long-term goal of approximately 30% compound annual growth.

So what's the key point?

AppLovin Corp earned more money than experts expected. The company reaffirmed its goal to grow by 30 percent every year moving forward.

Source Investor's Business Daily +2 · View original ↗

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