AppLovin (APP) Surpasses Q4 Earnings and Revenue Estimates

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, ...