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home / news releases / APP - AppLovin: Nice Performance And Strong FY24 Outlook (Rating Upgrade)

APP - AppLovin: Nice Performance And Strong FY24 Outlook (Rating Upgrade)

Applovin Corporation

2024-02-24 03:11:12 ET

Summary

  • AppLovin reported strong 4Q23 results, with revenue and EBITDA exceeding expectations.
  • The AXON 2.0 platform drove significant growth and improved software platform margin.
  • The positive impact of Google's move to real-time bidding enhances growth prospects for AppLovin.

Investment action

For further details see:

AppLovin: Nice Performance And Strong FY24 Outlook (Rating Upgrade)
Stock Information
Company Name: Applovin Corporation
Stock Symbol: APP
Market: NASDAQ
Website: applovin.com
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