AppLovin reports Q3 revenue up 68% YoY to $1.41B, vs. $1.34B est., and forecasts Q4 revenue and adjusted EBITDA above estimates; APP jumps 6%+ after hours (Luke Kawa/Sherwood News)
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AppLovin reports Q3 revenue up 68% YoY to $1.41B, vs. $1.34B est., and forecasts Q4 revenue and adjusted EBITDA above estimates; APP jumps 6%+ after hours (Luke Kawa/Sherwood News)
AppLovin has reported a remarkable 68% year-over-year increase in revenue for Q3, reaching $1.41 billion, surpassing estimates of $1.34 billion. This strong performance has led to a significant jump in their stock price, rising over 6% in after-hours trading. The company also forecasts Q4 revenue and adjusted EBITDA to exceed expectations, indicating robust growth and confidence in their business model. This news is important as it highlights AppLovin's strong position in the ad tech industry and its ability to adapt and thrive in a competitive market.
— via World Pulse Now AI Editorial System




