AppLovin (APP) Misses Q3 EPS by 10c
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AppLovin Announces Record Third Quarter 2021 Financial Results
November 10, 2021 4:05 PM ESTBusiness Software Platform revenue growth accelerates for fourth consecutive quarter to 385% Y/Y
Revenue grew 90% Y/Y to $727 million, Organic revenue1 increased 58% Y/Y Business Software Platform revenue grew 385% Y/Y to $193 million Achieved record Software Platform Enterprise Clients2 (SPEC) of 449 Net Income improved Y/Y to $0.1 million from a Net Loss of $90 million, with net margin of 0.0% Adjusted EBITDA grew 126% Y/Y to $191 million and Adjusted EBITDA margin improved to 26%PALO ALTO, Calif.--(BUSINESS WIRE)-- AppLovin Corporation (NASDAQ:... More
