AppLovin Q2 Earnings: Revenue Miss, EPS Beat, Shares Slide

Benzinga
08/07

Applovin Corp (NASDAQ:APP) reported second-quarter financial results Wednesday after the close. Here’s a rundown of the report.

Q2 Earnings: AppLovin reported second-quarter revenue of $1.26 billion, missing analyst estimates of $1.31 billion, according to Benzinga Pro. The company reported second-quarter earnings of $2.39 per share, beating analyst estimates of $2.04 per share.

AppLovin shares slid 5% in after hours trading.

Total revenue was up 77% year-over-year. Cash flow from operations was $772 million in the quarter and free cash flow came in at $768 million.

AppLovin repurchased $341 million of its common stock during the quarter. The company ended the quarter with approximately $1.19 billion in cash and cash equivalents.

Outlook: AppLovin expects third-quarter revenue to be in the range of $1.32 billion to $1.34 billion versus estimates of $1.336 billion. The company anticipates third-quarter adjusted EBITDA of $1.07 billion to $1.09 billion.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10