Shares of mobile app advertising platform AppLovin (NASDAQ: APP)
jumped 13.4% in the afternoon session after the company reported strong first quarter 2025 results which included a beat on both revenue and EBITDA, and also featured next quarter's optimistic EBITDA guidance that exceeded analysts' expectations. Revenue grew 40% from a year ago, driven by the surge in advertising, which more than offset a 14% decline in its legacy apps business, a segment the company is now exiting through a pending sale. Overall, we think this was a solid quarter with some key areas of upside.
Applovin shares are trading higher Thursday after the company reported better-than-expected first-quarter earnings on Wednesday after the market closed.
Mobile app advertising platform AppLovin (NASDAQ: APP) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 40.3% year on year to $1.48 billion. On the other hand, next quarter’s revenue guidance of $1.21 billion was less impressive, coming in 14.3% below analysts’ estimates. Its GAAP profit of $1.67 per share was 16.2% above analysts’ consensus estimates.
AppLovin reports first-quarter revenue of $1.48 billion, beating analyst estimates of $1.38 billion, according to Benzinga Pro. The company reports first-quarter earnings of $1.67 per share, beating analyst estimates of $1.45 per share.
Applovin Corp (NASDAQ:APP) shares are facing selling pressure again after short seller Muddy Waters Research released a bearish report on the company, which follows an initial short report from March.
In a week dominated by earnings buzz, a seismic shift in the app economy flew under the radar: a federal court gutted Apple Inc's (NASDAQ:AAPL) 27% commission on alternative in-app payments – handing Epic a big win and developers a rare moment of leverag
