Mobile game developer Tripledot Studios said on Thursday it has agreed to buy marketing platform AppLovin's mobile games studio portfolio for about $800 million in cash and stock.
While the top- and bottom-line numbers for AppLovin (APP) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
While inflation is still running slightly higher than ideal levels and the labor force remains near maximum employment, there was no hard data Powell could point to to substantiate any policy changes at this point.
AppLovin (APP) came out with quarterly earnings of $1.67 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $0.67 per share a year ago.
AppLovin Corporation (NASDAQ:APP ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants David Hsiao - Head, Investor Relations Adam Foroughi - Co-Founder, Chief Executive Officer & Chairperson Matt Stumpf - Chief Financial Officer Conference Call Participants Jason Bazinet - Citi Matthew Cost - Morgan Stanley Omar Dessouky - Bank of America Chris Kuntarich - UBS James Heaney - Jefferies Ralph Schackart - William Blair Matthew Thornton - FBN Securities Clark Lampen - BTIG Alec Brondolo - Wells Fargo Jim Callahan - Piper Sandler Martin Yang - Oppenheimer & Co Eric Sheridan - Goldman Sachs Rob Sanderson - Loop Capital David Hsiao Welcome to AppLovin's Earnings Call for the First Quarter ended March 31, 2025. I'm David Hsiao, Head of Investor Relations.
AppLovin (APP) announced the sale of its mobile game business alongside first quarter earnings that topped analysts' expectations, sending shares soaring in extended trading Wednesday.
Applovin shares pop on earnings beat as it announces sale of mobile gaming business
AppLovin (NASDAQ: APP) reports its Q1 2025 earnings today after the market closes.
APP's top line in the first quarter of 2025 is likely to have been driven by strength in the Software Platform.
APP's first-quarter 2025 earnings and revenues are likely to have increased year over year.
Besides Wall Street's top -and-bottom-line estimates for AppLovin (APP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
I reiterate my "Buy" rating on AppLovin Corporation due to its strategic pivot to advertising and potential gaming unit sales, driving higher margins and growth. AppLovin's Q4 results showed impressive growth with $1.37 billion in sales and a 78% YoY increase in adjusted EBITDA, beating top and bottom lines. Without Apps hanging on the firm's consolidated results (in the next few quarters after the sale), AppLovin should provide a clearer picture for its future corporate development in Q1/Q2 FY2025. The company's focus on non-gaming markets and the AXON platform's success could significantly expand its TAM and boost future earnings.