AppLovin Q4 Earnings, Revenue Beat Estimates; Expands Buy-Back Program By $1.25B

AppLovin Corp (NASDAQ:APP) shares are climbing after the market closed Wednesday when the company reported its fourth-quarter financial results. Here’s a look at the highlights.

The Details: AppLovin reported quarterly earnings of 49 cents per share which beat the analyst consensus estimate of 36 cents by 36.11%.

The company reported quarterly sales of $953.26 million, beating the analyst consensus estimate of $928.17 million by 2.7% and representing a 35.73% increase …

Full story available on Benzinga.com