AppLovin Corp Ordinary Shares - Class A
APP: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| l!% | LOCK|?<<>y | LOCK|k$@^jy& |
AppLovin Earnings: Black Box Optimizer Aims for Large Market; Increasing FVE to $360 From $307
AppLovin's second-quarter earnings came in 4% above management's midpoint expectations for advertising revenue, culminating in impressive 77% year-over-year growth. It also met 81% adjusted EBITDA margin expectations and finalized the divestment of its gaming production business.
