Recap: AppLovin Q4 Earnings

+0.32%

AppLovin Corporation

APP

677.30

+0.32%

AppLovin (NASDAQ:APP) reported its Q4 earnings results on Wednesday, February 14, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

AppLovin beat estimated earnings by 40.0%, reporting an EPS of $0.49 versus an estimate of $0.35.

Revenue was up $250.95 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 1.1% drop in the share price the next day.

Here's a look at AppLovin's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.27	0.07	0.07	0.05
EPS Actual	0.30	0.22	-0.01	-0.21
Revenue Estimate	797.95M	724.27M	693.51M	689.86M
Revenue Actual	864.26M	750.16M	715.40M	702.31M

To track all earnings releases for AppLovin visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.