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EarningsNorth America

AppLovin Tops Q3 Earnings and Revenue Expectations, Issues Q4 Guidance

· 2h ago · Originally reported by StreetInsider

AppLovin reported Q3 results that beat analyst estimates on both earnings per share (by 26 cents) and revenue. The company also issued revenue guidance for the fourth quarter.

Why it matters

AppLovin is a major player in mobile advertising and app monetization, so its results are read as a bellwether for ad spend and the health of programmatic mobile advertising.

Explain it like I’m new here

AppLovin, a company that helps apps show ads and make money, just told investors it earned more money than experts guessed and shared how much it expects to make next.

Read the original at StreetInsider

Terms in this story

Guidance (forecast)

Guidance is a public company's own forecast of its future results, such as next quarter's revenue or full-year adjusted EBITDA, usually given as a range alongside an earnings report.

Go deeper

Lesson: How to read an ad tech earnings report

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