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AppLovin (APP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
APPApplovin(APP) ZACKS·2024-08-08 00:01

AppLovin (APP) reported 1.08billioninrevenueforthequarterendedJune2024,representingayearoveryearincreaseof441.08 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 44%. EPS of 0.89 for the same period compares to 0.22ayearago.Thereportedrevenuerepresentsasurpriseof+0.130.22 a year ago.The reported revenue represents a surprise of +0.13% over the Zacks Consensus Estimate of 1.08 billion. With the consensus EPS estimate being $0.77, the EPS surprise was +15.58%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their n ...