AppLovin reported impressive Q4 earnings, with revenue jumping 44% to $1.37 billion and EPS reaching $1.73, surpassing analyst estimates. The company capitalized on an 85% increase in advertising EBITDA, driven by a 73% increase in advertising revenue year-over-year. CEO Adam Foroughi noted that the firm is just beginning to optimize its AI-driven models, crucial for capturing a larger share of the $15 billion mobile gaming ad market. AppLovin also raised its Q1 2025 revenue guidance and aggressively repurchased shares, showcasing strong confidence in future performance.
AppLovin's stock skyrocketed over 20% after a stellar quarterly performance, with revenue up 44% and EPS soaring to $1.73, far exceeding Wall Street expectations.
CEO Adam Foroughi highlighted the early days of optimizing AI-driven ad models, signaling significant growth potential in the $15 billion mobile gaming ad market.
AppLovin raised its Q1 2025 revenue guidance, with its AI engine Axon driving profitability and securing a strong market position.
Analyst Michael Pachter raised his price target to $545, reflecting confidence in AppLovin's powerful growth trajectory and future profitability.
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