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AppLovin Surges 30% After Strong Q4 Earnings Beat

2/13/2025

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Summary

Story summary

AppLovin (APP) achieved Q4 earnings of $599.1 million, exceeding expectations with $1.73 per share.
Revenue totaled $1.37 billion, surpassing forecasts of $1.26 billion.
The company projects Q1 revenue between $1.36 billion and $1.39 billion.
Following the earnings announcement, AppLovin's stock rose nearly 30%.
The firm intends to sell its apps business for approximately $900 million.

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Story summary

AppLovin (APP) achieved Q4 earnings of $599.1 million, exceeding expectations with $1.73 per share.
Revenue totaled $1.37 billion, surpassing forecasts of $1.26 billion.
The company projects Q1 revenue between $1.36 billion and $1.39 billion.
Following the earnings announcement, AppLovin's stock rose nearly 30%.
The firm intends to sell its apps business for approximately $900 million.