Applovin Stock Soars On Q4 Earnings: Revenue Beat, EPS Beat, Strong Guidance And More

Benzinga
02-13

Applovin Corp (NASDAQ:APP) reported fourth-quarter financial results after the market close on Wednesday. Here’s a rundown of the report.

Q4 Earnings: Applovin reported fourth-quarter revenue of $1.37 billion, beating analyst estimates of $1.26 billion, according to Benzinga Pro. The company reported fourth-quarter earnings of $1.73 per share, beating analyst estimates of $1.25 per share.

Total revenue was up 44% year-over-year, while Apps revenue fell 1% year-over-year. Cash flow from operations was $701 million in the quarter and free cash flow came in at $695 million. Applovin ended the quarter with $741.4 million in cash and cash equivalents.

“Over the last few years, our team has achieved extraordinary things. We've built an advertising model as powerful as any advertising AI model in the world, delivering measurable success for our partners,” the company said in a letter to shareholders.

“Early adopters in gaming and direct-to-consumer commerce have already seen the impact of our technology, and our mission is clear: to onboard every business that wants to drive measurable growth.”

Check This Out: Blaize Is A Compelling Opportunity Within Emerging AI Inference Market, Bullish Analyst Says

Guidance: Applovin expects first-quarter revenue to be in the range of $1.36 billion to $1.39 billion versus estimates of $1.32 billion. The company expects first-quarter adjusted EBITDA to be in the range of $855 million to $885 million.

Management will hold a conference call at 5 p.m. ET to further discuss the quarter with investors and analysts.

APP Price Action: Applovin shares were up more than 700% over a one-year period heading into the print. The stock was up 19.6% after hours, trading at $454.82 at the time of publication Wednesday, according to Benzinga Pro.

Photo: Shutterstock.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10