AppLovin Corp (NASDAQ: APP) — a company providing a full suite of solutions for mobile app developers, including marketing, monetization, and analytics — recently posted strong quarterly results. The company reported earnings of $1.73 per share on revenue of $1.37 billion for Q4, surpassing analyst expectations of $1.24 per share on $1.26 billion in revenue.
AppLovin Corporation (NASDAQ:APP ) Q4 2024 Earnings Conference Call February 12, 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 Clark Lampen - BTIG Ralph Schackart - William Blair Jason Bazinet - Citi Vasily Karasyov - Cannonball Rob Sanderson - Loop Capital Jim Callahan - Piper Sandler James Heaney - Jefferies Chris Kuntarich - UBS Omar Dessouky - BofA Martin Yang - OppCo Alec Brondolo - Wells Fargo Arsenije Matovic - Wolfe Eric Sheridan - Goldman Sachs Bernie McTernan - Needham & Company David Hsiao Welcome to AppLovin's Earnings Call for the Fourth Quarter and Year ended December 31, 2024. I'm David Hsiao, Head of Investor Relations.
While the top- and bottom-line numbers for AppLovin (APP) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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AppLovin (APP) came out with quarterly earnings of $1.73 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $0.49 per share a year ago.
AppLovin shares rallied in extended trading after the company reported better-than-expected earnings and guidance. The stock jumped more than 700% in 2025, driving by profit growth from its artificial intelligence-powered ad system.
CNBC's Julia Boorstin and Barbara Doran, BD8 Capital Partners CEO, join 'Closing Bell Overtime' to talk Applovin earnings.
The app-monetization company crushed expectations with its latest results and said it's poised for more momentum as it improves its AI models and better personalizes the ad experience.
AppLovin (APP) is well positioned to outperform the market, as it exhibits above-average growth in financials.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
AppLovin (NASDAQ:APP) is a mobile app publisher and developer of AI-driven monetization tools that's seen a strong rebound over the past year, as investors piled into companies that have the ability to accelerate ad spending and adoption.
APP's top line in the fourth quarter of 2024 is likely to have been driven by strength in the Software Platform.