AppLovin Stock Jumps On Q1 Earnings Beat, Strong Outlook

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AppLovin Corp (NASDAQ:APP) reported financial results for the first quarter after the closing bell on Wednesday. Here’s a rundown of the report.

AppLovin Q1 Earnings Highlights

AppLovin posted first-quarter revenue of $1.84 billion, beating analyst estimates of $1.77 billion, according to Benzinga Pro. The advertising technology company reported earnings of $3.56 per share for the quarter, beating analyst estimates of $3.38 per share.

Total revenue was up 59% on a year-over-year basis. Cash flow from operations …

Full story available on Benzinga.com

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