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Form 8-K · Current Report · Filed 2024-08-07

AppLovin Announces Second Quarter 2024 Financial Results

AppLovin Corporation announced its financial results for the second quarter of 2024 on August 7, 2024.

Filer
Applovin Corporation APP · NASDAQ
Filed
Accession
0001751008-24-000053
CIK
0001751008
Signal
Low impactTechnology

Details

The company will host a webinar to discuss the results and provide business performance commentary. The financial information is available in the attached press release and letter to shareholders.

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$69.00

Next session

+11.2%

Since filing

+473.8%

Latest close

$395.90

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from APP reporting the same item, with the next session's move:

Exhibits (2)

About Applovin Corporation

Applovin Corporation is a technology company that specializes in mobile app development and marketing solutions. The primary function of Applovin is to enable businesses and developers to reach new audiences and monetize their applications effectively. Through its comprehensive software suite, Applovin provides developers with advanced tools for user acquisition, revenue optimization, and marketing analytics, fostering growth across various app genres, including gaming, entertainment, and social networking. A significant feature of Applovin's platform is its ability to integrate machine learning and data analysis to enhance ad targeting and placement, ensuring higher engagement and return on investment for advertisers. This makes Applovin a crucial player in the digital advertising and mobile marketing ecosystem, where it supports a wide range of applications and industries. Applovin's market significance is underscored by its role in driving effective user engagement and revenue strategies for app developers globally, solidifying its position as a leader in mobile technology solutions. By bridging the gap between innovative app creation and efficient monetization, Applovin influences the broader landscape of digital and mobile commerce.

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