Recap: AppLovin Q1 Earnings

AppLovin APP reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

AppLovin missed estimated earnings by 114.29%, reporting an EPS of $-0.01 versus an estimate of $0.07.

Revenue was up $89.98 million from the same period last year.

Last quarter the company missed on EPS by $0.26 which was followed by a 27.05% increase in the share price the next day.

Here's a look at AppLovin's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.05	0.07	0.20	-0.08
EPS Actual	-0.21	0.06	-0.06	-0.31
Revenue Estimate	689.86M	732.11M	839.67M	819.33M
Revenue Actual	702.31M	713.10M	776.23M	625.42M

To track all earnings releases for AppLovin visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.