By Kelly Cloonan
AppLovin logged higher profit in its latest quarter as revenue surged.
The advertising company on Wednesday posted a profit of $1.1 billion, or $3.24 a share, compared with $599.2 million, or $1.73 a share, in the year-ago quarter. Analysts polled by FactSet were anticipating earnings of $2.95 a share.
Revenue jumped 66% to $1.66 billion, compared with analyst estimates of $1.61 billion.
For the current quarter, Applovin expects revenue of $1.75 billion to $1.78 billion, compared with the $1.7 billion analysts are projecting.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
February 11, 2026 16:16 ET (21:16 GMT)
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