Barrons.com · 20h ago +0.93
AppLovin Beats Quarterly Revenue Expectations. The Stock Is Rising.
AppLovin , the artificial intelligence-based mobile advertising platform, reported better-than-expected first-quarter revenue and earnings. The company’s platform facilitates the digital ads that surround mobile apps, especially games. AppLovin posted first-quarter adjusted earnings of $3.56 a share on sales of $1.84 billion, up 59% from a year ago.