AppLovin (APP) Misses Q1 EPS by 23c, Revenue Misses, Cuts Revenue Guidance but Raises EBITDA
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AppLovin Shares Jump 20% Despite Q1 Earnings Miss as EBITDA Guidance Raised
May 11, 2022 5:28 PM EDTAppLovin (NASDAQ: APP) shares rose around 20% after-hours following the companys reported Q1 results and guidance.
While both EPS of ($0.31) and revenue of $625 million came in worse than the consensus estimates of ($0.08) and $823.37 million, respectively, and 2022 revenue guidance was lowered, the EBITDA... More
