Financial Performance - Revenue increased by 2% year-over-year to $1.1 billion[8] - Segment profit decreased by 7% year-over-year to $156 million[8] - Adjusted earnings per share (EPS) decreased by 3% year-over-year to $3.37[8] - Operating cash flow was negative $36 million, a decrease of $13 million year-over-year[8] Segment Results - Home Comfort Solutions revenue increased by 7% to $721 million, while segment profit increased to $117 million[21, 22] - Building Climate Solutions revenue decreased by 6% to $351 million, and segment profit decreased to $54 million[26, 27] Financial Position - Net debt to adjusted EBITDA ratio decreased to 0.8x[8] - Free cash flow conversion is above 90%[32] - Net Debt was $926.5 million[47] Guidance - The company anticipates approximately 2% revenue growth[39] - The company expects approximately $35 million in interest expenses[39] - The company expects approximately 20% tax rate[39] - The company expects adjusted EPS to be in the range of $22.25 to $23.50[8, 41]

Core Viewpoint - A class action lawsuit has been filed against AppLovin Corporation for allegedly manipulating advertising data and inflating financial figures during the Class Period from May 10, 2023, to February 25, 2025 [1][3][4] Group 1: Lawsuit Details - The lawsuit is filed in the U.S. District Court for the Northern District of California on behalf of investors who acquired AppLovin securities during the specified Class Period [1] - Investors have until May 5, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1] Group 2: Allegations Against AppLovin - Reports from Fuzzy Panda Research and Culper Research allege that AppLovin engaged in reverse engineering and exploitation of advertising data from Meta Platforms [3] - The company is accused of using manipulative practices to artificially inflate ad click-through and app download rates, including self-clicking ads and forced shadow downloads [3] - Following these allegations, AppLovin's share price dropped by $46.06, or approximately 12%, from $377.06 to $331.00 on February 26, 2025 [3] Group 3: Company Performance Claims - The complaint alleges that AppLovin provided misleading information regarding its financial growth and stability, particularly related to the launch of its AXON 2.0 digital ad platform and the use of AI technologies [4] - The company claimed to be enhancing the efficiency of matching advertisements to mobile games and expanding into web-based marketing and e-commerce [4]

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of AppLovin Corporation regarding a class action lawsuit due to alleged misleading statements about the company's financial growth and advertising practices [1][2]. Group 1: Allegations and Financial Impact - The class period for the lawsuit is from May 10, 2023, to February 25, 2025, during which AppLovin allegedly provided investors with misleading information about its financial stability and growth [2]. - The complaint claims that AppLovin's executives expressed confidence in the launch of its AXON 2.0 digital ad platform and the use of advanced AI technologies, while engaging in dishonest advertising practices [2]. - Following the revelation of these practices on February 26, 2025, AppLovin's stock price fell from $377.06 to $331.00 per share, indicating a significant loss for investors [2]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action lawsuit by May 5, 2025, to potentially become lead plaintiffs and to receive updates on the case [3]. - There is no cost or obligation for shareholders to participate in the lawsuit, and they will be enrolled in a portfolio monitoring system for status updates [3]. Group 3: Law Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].