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IS News and Press, ironSource Ltd. Class A From 08/10/22

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Company Name: ironSource Ltd. Class A
Stock Symbol: IS
Market: NYSE

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IS - ironSource Non-GAAP EPS of $0.06 beats by $0.02, revenue of $182.79M misses by $0.48M

ironSource press release ( NYSE: IS ): Q2 Non-GAAP EPS of $0.06 beats by $0.02 . Revenue of $182.79M (+35.4% Y/Y) misses by $0.48M . Adjusted EBITDA of $56M, an increase of 22% Y/Y. “We are very pleased with our Q2 results, as ironSource is prou...

IS - ironSource Announces Second Quarter 2022 Results

Revenue of $183 million, 35% year-over-year growth Adjusted EBITDA of $56 million, 31% Adjusted EBITDA margin Dollar-based net expansion rate of 142% ironSource (NYSE: IS) (“ironSource” or the “Company”), a leading business platfor...

IS - Video Game Deal Battle Could Leave One Victor

On Tuesday, software firm AppLovin made a $17.5 billion, unsolicited offer for Unity Software. That’s after Unity launched a deal to buy similar rival ironSource last month. Unity’s deal with ironSource had a few oddities, including a convertible note from Silver Lake th...

IS - Unity Software sees revenue growing; stands by IronSource acquisition plans

Unity Software ( NYSE: U ) shares dipped into the red in after-hours trading Tuesday even as the developer of gaming software platforms forecast third-quarter revenue growing from a year ago, and said it was committed to its $4.4B acquisition of IronSource ( IS ). Unity ...

IS - Unity Software likely to reject Applovin unsolicited bid, analyst says

Unity Software ( NYSE: U ) is likely to reject AppLovin's ( NASDAQ: APP ) unsolicited offer as the price is "well below" Unity's intrinsic value and Unity already has an agreement to purchase ironSource ( NYSE: IS ), though a transaction with AppLovin "makes ...

IS - Unity Software: AppLovin Offer Undervalues Its Stand-Alone Growth Potential

Unity is a leading company in the development of real-time 3D content and has made several acquisitions to boost its industry position in recent months. AppLovin announced today an unexpected all-stock offer valuing it at $58.85 per share, a premium of only 18% compared to its share p...

IS - Unity Software Has a Choice to Make: AppLovin or ironSource

Today's video focuses on Unity Software (NYSE: U) and a recent proposal submitted by AppLovin (NASDAQ: APP) to merge both companies. If the proposal is accepted, Unity must terminate its merger agreement with ironSource (NYSE: IS) . Check ou...

IS - Novavax, ironSource, CarGurus among premarket losers' pack

CorMedix CRMD -61% after FDA again rejects CorMedix's application for lead candidate DefenCath . Turtle Beach HEAR -32% on Q2 earnings miss . Novavax NVAX -31% on Q2 earnings release . Medicenna Therapeutics MDNA -29% on launch of units offeri...

IS - AppLovin submits non-binding offer to acquire Unity Software

AppLovin ( NASDAQ: APP ) said Tuesday it submitted a non-binding proposal to acquire Unity Software ( U ) and create an ~$35B combined market cap enterprise. APP shares slid ~13% premarket while U shares rose 10.5%. Based on the proposal, each outstanding U share wou...

IS - IronSource plunges 20% after AppLovin offers to buy Unity Software

IronSource ( NYSE: IS ) plunged 20% in premarket trading after AppLovin ( NASDAQ: APP ) offered to buy Unity Software ( NYSE: U ) in all stock deal. Under the proposal, Unity( U ) would have to terminate its agreement to purchase ironSource, accordi...

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