APP - Why AppLovin Stock Is Up After Earnings | Benzinga
AppLovin Corporation (NASDAQ:APP) shares are trading higher Thursday after the company posted better-than-expected fourth-quarter financial results Wednesday after the bell.
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 also announced a $1.25 billion increase to its share repurchase program.
AppLovin reported quarterly sales of $953.26 ...