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home / news releases / APP - AppLovin: Software Segment Is Fueling Its Future

APP - AppLovin: Software Segment Is Fueling Its Future

Applovin Corporation

2024-02-26 02:03:20 ET

Summary

  • AppLovin's new AI-powered software, AXON 2, led to a significant revenue rebound in 2023 after a period of stagnation.
  • Record cash flow and margin expansion positions the company for continued growth.
  • AppLovin's current undervaluation compared to peers and strong insider ownership suggest a compelling investment opportunity.

Thesis

For further details see:

AppLovin: Software Segment Is Fueling Its Future
Stock Information
Company Name: Applovin Corporation
Stock Symbol: APP
Market: NASDAQ
Website: applovin.com
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