For the quarter ended December 2023, AppLovin (APP) reported revenue of $953.26 million, up 35.7% over the same period last year. EPS came in at $0.49, compared to $0.00 in the year-ago quarter.The reported revenue represents a surprise of +3.28% over the Zacks Consensus Estimate of $922.96 million. With the consensus EPS estimate being $0.35, the EPS surprise was +40.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

AppLovin (APP) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this mobile app technology company would post earnings of $0.27 per share when it actually produced earnings of $0.30, delivering a surprise of 11.11%.Over the last four quarters, ...

App-monetization company Applovin Corp. had a strong holiday season that helped power it to better-than-expected results for the latest quarter. Shares surged 13% in Wednesday’s extended session, as Applovin APP also blew past estimates with its outlook for the current quarter. The company generated fourth-quarter revenue of $953 million,... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. Anywhere. Anytime. Subscribe Now Already a s ...

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin (NASDAQ: APP), the leading marketing technology platform, today released Performance-driven Ad Trends 2024, revealing how AI tools are driving new efficiencies and broadening the possibilities of the creative process. The report explains how AppLovin’s in-house creative agency, SparkLabs, is using generative AI to improve workflows to elevate both the quality and impact of performance ads, and dives deep into the year’s top-performing creative strategies. "Emb ...

Investors interested in stocks from the Technology Services sector have probably already heard of Gen Digital (GEN) and AppLovin (APP) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while o ...

Key PointsAppLovin (NYSE: APP) has surged over 260% in the past year, with recent gains of nearly 15% year-to-date.With a high P/E ratio of 155, AppLovin's recent earnings reflect robust growth, with almost 50% annual sales growth over the past five years.The stock recently broke above a significant resistance level, marking a potential breakout supported by increased volume.5 stocks we like better than AppLovinFrom a technical standpoint, identifying a mid-cap stock that has performed as remarkably and con ...

Many of the top stocks that operate in the massive and rapidly growing digital advertising industry had a stellar 2023. A refocus on profitability helped, as did a rebound in global marketing activity. AppLovin (APP -4.53%) was one of those stocks, notching a nearly 280% rally in 2023, though share prices remain down more than 60% from peaks hit in late 2021. Headed into 2024, it appears AppLovin's management is focused on the same things that helped it mount the 2023 comeback. Here's what investors need to ...

metamorworks Investment Thesis Here I compare and contrast The Trade Desk (NASDAQ:TTD) with AppLovin (NASDAQ:APP). I make the case that The Trade Desk is overvalued for what it offers investors, with its stock priced at more than 30x forward free cash flows. Yes, The Trade Desk is very stable and has a very strong balance sheet, with probably more than $1.5 billion of cash on no debt when it comes to reporting its Q4 results in a few weeks. While AppLovin carries a fair amount of debt, at approximately $2 b ...

Charday Penn AppLovin (NASDAQ:APP) is a high-growth, newly profitable technology company that makes a number of advertising and streaming technology products for app developers and CTV makers. Assuming you saw the headline here and clicked, you may be wondering what the heck we are talking about, given that the firm doesn't fit the typical profile of a company ready to return capital to shareholders - it only recently turned the corner on net income, and still has many avenues available to invest capita ...

Klaus Vedfelt/DigitalVision via Getty Images Introduction A new year begins and with it many are looking forward to optimizing their portfolios for 2024. That's evident from the many recent trending articles we've seen on the site discussing 2024 allocations and top picks. January 2nd, 2024 Trending Analysis (Seeking Alpha) Avid readers likely recognize a few of these faces in the trending list. These "frequent fliers" have built an audience here at Seeking Alpha, with some over 100,000 followers, thr ...