These Analysts Revise Their Forecasts On AppLovin Following Q4 Results

Financial Performance - AppLovin Corp reported fourth-quarter revenue of $1.66 billion, exceeding analyst estimates of $1.60 billion [1] - The company achieved fourth-quarter earnings of $3.24 per share, surpassing analyst expectations of $2.95 per share [1] Future Guidance - For the first quarter, AppLovin expects revenue to be in the range of approximately $1.75 billion to $1.78 billion, compared to estimates of $1.69 billion [2] - The company anticipates first-quarter adjusted EBITDA to be approximately $1.47 billion to $1.50 billion [2] Market Reaction - Following the earnings announcement, AppLovin shares fell 7.3% to $423.55 in pre-market trading [2] - Analysts adjusted their price targets on AppLovin after the earnings report [2]