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AppLovin Reports Higher Q3 Results Compared With Year-Ago Levels; Sets Q4 Outlook
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AppLovin Reports Higher Q3 Results Compared With Year-Ago Levels; Sets Q4 Outlook
Nov 9, 2024 11:38 AM

04:29 PM EST, 11/06/2024 (MT Newswires) -- AppLovin ( APP ) late Wednesday reported Q3 net income of $1.25 per diluted share, up from $0.30 a year earlier.

Analysts polled by Capital IQ expected $0.93.

Revenue for the quarter ended Sept. 30 was $1.20 billion, compared with $864.3 million a year earlier.

Analysts expected $1.13 billion.

For Q4, the software company is projecting revenue in a range of $1.24 billion to $1.26 billion.

Analysts are looking for $1.18 billion.

Price: 170.65, Change: -1.00, Percent Change: -0.58

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