AppLovin (NASDAQ:APP) Releases Earnings Results, Beats Expectations By $0.22 EPS

AppLovin (NASDAQ:APP – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.22. The company had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.38 billion. AppLovin had a return on equity of 188.55% and a net margin of 33.54%. The firm’s revenue was up 40.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.67 EPS.



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