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DeepNewz, mobile.
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$APP, AppLovin, reported strong financial results with a revenue beat of 10% and EBITDA beat of 13%. The company expects Q2 revenues to increase by 7% and maintains over 50% growth rate. Analysts are optimistic about the company's future performance, projecting significant EBITDA growth and potential stock price increase.
$APP $85.70 Float 164.2M Short 21.9M=13.3% SI REVISITING MY MODEL POST THE MRQ RESULTS: ⭐Reported $1.06Bln Rev $0.70 EPS vs cons. est. of $974M & $0.57 ⭐~90% of the adj. EBITDA of $549M came from the Software Platform which has 73% adj. EBITDA margins. ⭐Software Platform… https://t.co/i2biABBNFe https://t.co/Ri0U9iZZle
$APP 2-year EBITDA growth stack on my estimates 2Q24 = 176% 3Q24 = 214% 4Q24 = 245% 12x 2024 EBITDA Probably goes to $100 soon actually
$APP $83.40 Co. sees continued margin improvement... virtually every $ of incremental Revenue flows to the margin in... insanely good business. https://t.co/s3Ip1us2Zk