$APP (-1,85%)
| AppLovin Q3 Earnings Highlights:

🔹 Revenue: $1.20B (Est. $1.13B) 🟢; UP +39% YoY

🔹 EPS: $1.25 (Est. $0.92) 🟢;

🔹 Net Income: $434M; UP +300% YoY

🔹 Net Margin: 36%, improved from 13% in Q3 2023

Q4 Guidance

🔹 Revenue: $1.24B - $1.26B (Est. $1.18B) 🟢

🔹 Adjusted EBITDA: $740M - $760M

🔹 Adjusted EBITDA Margin: 60%

Q3 Software Platform (Advertising):

🔹 Revenue: $835M; UP +66% YoY

🔹 Adjusted EBITDA Margin: 78%

Apps:

🔹 Revenue: $363M; UP +1% YoY

Other Financial Metrics

🔹 Adjusted EBITDA: $722M; UP +72% YoY

🔹 Adjusted EBITDA Margin: 60%, improved from 49% in Q3 2023

🔹 Free Cash Flow: $545M; UP +182% YoY

🔹 Monthly Active Payers: 1.6M (DOWN from 1.8M in Q3 2023)

🔹 Average Revenue per Monthly Active Payer: $52; UP from $46 in Q3 2023

Business Highlights

🔸 Software Platform (Advertising) now accounts for the majority of platform revenue, showing substantial growth.

🔸 Enhanced AXON models through self-learning and technology improvements support greater advertising scale for partners.

🔸 Board approved a $2.0B increase in share repurchase authorization.

CEO Commentary

🔸 "We had another fantastic quarter with our AXON models, driven by technology advancements that enable partners to scale effectively. We are proud to play a role in reinvigorating growth within the industry."