The upcoming earnings report for AppLovin Corporation is scheduled for Tuesday, May 5th. Analysts estimate an EPS of 3.4 for this quarter.
AppLovin Corporation's current price stands at $443.25, reflecting a decrease of $17.04 (-3.7%) from the previous close of $460.29. The trading volume is $841,238, representing a 14.38% increase relative to the average.
In the latest quarterly earnings report on Tuesday, February 10th, AppLovin Corporation surpassed expectations with an EPS of 2.89. The revenue and profit margin figures for this quarter are yet to be disclosed.
AppLovin Corporation shows a healthy cash flow position with a net change in cash of $820.20 million. The company generated $1.31 billion from operating activities and repurchased common stock worth $417.62 million.
The company reported a revenue of $1.66 billion, resulting in a gross profit of $1.47 billion. With an EPS of $3.26, the net income stands at $1.10 billion, showcasing strong profitability.
Key financial ratios for AppLovin Corporation include a net profit margin of 66.48%, return on equity of 51.64%, and a price-to-earnings ratio of 51.68, indicating a solid financial performance.
AppLovin Corporation holds total assets of $7.26 billion, with cash and cash equivalents amounting to $2.49 billion. The company's total liabilities stand at $5.12 billion, showcasing a stable financial position.
This report provides insights into AppLovin Corporation's financial performance, highlighting key metrics and trends shaping its market outlook.
AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; Adjust, an analytics platform that helps marketers grow their mobile apps with solutions for measuring, optimizing campaigns, and protecting user data; and MAX, an in-app bidding software that optimizes the value of an app's advertising inventory by running a real-time competitive auction. Its business clients include various advertisers, publishers, internet platforms, and others. The company was incorporated in 2011 and is headquartered in Palo Alto, California.