AppLovin Shares Jump After Delivering Record Quarter and Bullish Outlook
Record third-quarter results show AppLovin revenue up 55% to $2.18B and net income up 72% to $1.44B, alongside raised fourth-quarter guidance.
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AppLovin Loses Bid for Emergency Order Against Unity’s Ad Quality SDK
A San Francisco court denied AppLovin’s temporary restraining order against Unity’s Ad Quality SDK. Claims stay open in arbitration, Wedbush says.
Meta’s New Game Tools Hit Unity. One Analyst Says the Selloff Looks Overdone
Unity fell after Meta unveiled Horizon Create and Studio. Freedom Broker says Roblox and Unity can weather the near-term competition.
Citi: AppLovin Adds E-Commerce Stores at Fastest Weekly Pace in Five Months
Citi says Store Leads data shows AppLovin had 13,105 e-commerce clients as of Sept. 18, up 5.1% week over week, the fastest rise in five months.
Citi Says AppLovin Is Positioned to Meet or Beat Q3 Guidance
Citi added a 90-day upside view on AppLovin with a $600 target, calling Q3 concerns misguided.
AppLovin Q2 Results: Solid Numbers, Soft Guidance, Sharp Sell-Off
Revenue rose 53% to $1.92B with solid profits, but a slight miss and soft Q3 guidance sparked the sell-off.