AppLovin: Q3 Earnings Snapshot

PALO ALTO, Calif. (AP) _ AppLovin Corp. (APP) on Wednesday reported third-quarter earnings of $23.8 million. On a per-share basis, the Palo Alto, C...

November 12, 2022
1:18 AM

PALO ALTO, Calif. (AP) _ AppLovin Corp. (APP) on Wednesday reported third-quarter earnings of $23.8 million. On a per-share basis, the Palo Alto, California-based company said it had profit of 6 cents. The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share. The mobile app technology company posted revenue of $713.1 million in the period, also falling short of Street forecasts. Seven analysts surveyed by Zacks expected $732.

Chandler Rome