05:07 AM EST, 11/06/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.)

AppLovin ( APP ) shares were up 7% in recent premarket activity Thursday after the company reported overnight better-than-expected Q3 results.

The company reported Q3 net income of $2.45 per diluted share late Wednesday, up from $1.25 a year earlier.

Analysts polled by FactSet expected $2.38.

Revenue for the quarter ended Sept. 30 was $1.41 billion, compared with $835.2 million a year earlier.

Analysts surveyed by FactSet expected $1.34 billion.

For Q4, the software company is projecting revenue of $1.57 billion to $1.60 billion. Analysts polled by FactSet expect $1.55 billion.