$APP (+1,47 %) crushes Q3 2024

Sales 1.2B vs 1.13B expected 🟢

Adjusted EBITDA: 722M vs 645M expected 🟢

Net income: 434M vs 322M expected 🟢

Outlook Q4 2024:

Sales 1.25B vs 1.18B expected 🟢

Adjusted EBITDA: 750M vs 667M expected 🟢

Main driver is the fast-growing and profitable software platform

Margins are literally exploding thanks to the software share (advertising platform)