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Form 8-K · Current Report · Filed 2024-11-06

AppLovin Reports Q3 2024 Financial Results

On November 6, 2024, AppLovin Corporation announced its financial results for the third quarter of 2024.

Filer
Applovin Corporation APP · NASDAQ
Filed
Accession
0001751008-24-000059
CIK
0001751008
Signal
Low impactTechnology

Details

The company posted a press release detailing the financial performance and hosted a webinar for further discussion. A letter to shareholders was also published on the Investor Relations website. Specific financial metrics and outcomes were discussed during the webinar.

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

$165.18

Next session

+49.2%

Since filing

+139.7%

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.

Exchange NASDAQ Industry Software - Application Company website ↗

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