AppLovin Q4 Net Income, Revenue Rises; Q1 Guidance Set; Shares Jump After Hours

MT Newswires Live
02-12

AppLovin (APP) late Wednesday reported Q4 net income of $1.73 per diluted share, up from $0.49 a year earlier.

Analysts polled by FactSet expected $1.25.

Revenue in the quarter ended Dec. 31 rose to $1.37 billion from $953.3 million a year earlier.

Analysts surveyed by FactSet expected $1.26 billion.

The company expects Q1 revenue of $1.36 billion to $1.39 billion. Analysts surveyed by FactSet expect $1.32 billion.

Shares of AppLovin jumped 13% in recent after-hours activity.

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