AppLovin (APP) Reports In-Line Q2 EPS
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AppLovin Announces Record Second Quarter 2021 Financial Results
August 11, 2021 4:05 PM EDTSoftware revenue grows over +200% organically1 Y/Y and +40% Q/Q
Revenue grew +123% Y/Y to $669 million, Organic growth1 increased +97% Y/Y Business Software Platform revenue grew +256% Y/Y to $146 million Achieved record Software Platform Enterprise Clients2 (SPEC) of 366 GAAP Net Income improved to $14 million from a Net Loss of $22 million, with GAAP net margin of 2% Adjusted EBITDA grew 202% Y/Y to $184 million and Adjusted EBITDA margin improved to 27%PALO ALTO, Calif.--(BUSINESS WIRE)-- AppLovin Corporation (NASDAQ:... More
