AppLovin soars almost 30% on earnings, guidance beat

AppLovin shares soared almost 30% in extended trading on Wednesday after the company reported earnings and revenue that sailed past analysts' estimates and issued better-than-expected guidance.Here's how the company performed compared with analysts' expectations, according to LSEG:Earnings per share: $1.73 vs.$1.24 expectedRevenue: $1.37 billion vs.$1.26 billion expectedNet income in the quarter more than tripled to $599.2 million, or$1.73 per share, from $172.3 million, or 51 cents per share, a year ear ...