AppLovin Announces Third Quarter 2022 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
AppLovin downgraded as mobile app ecosystem weakness prompts cautious tone at BofA
November 11, 2022 12:32 PM ESTAppLovin (NASDAQ: APP) was downgraded to Neutral by BofA on Friday, with the firm also slashing its price target on the stock to $17 per share from $35.
BofA analyst Omar Dessouky told investors in a research note that mobile app ecosystem weakness has prompted a more cautious tone.
AppLovin shares are up... More
AppLovin (APP) Misses Q3 EPS by 6c; Guides Lower
November 9, 2022 4:08 PM ESTAppLovin (NASDAQ: APP) reported Q3 EPS of $0.06, $0.06 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $713 million versus the consensus estimate of $741.21 million.
GUIDANCE:
AppLovin sees Q4 2022 revenue of $685-700 million, versus the consensus of $794.11... More
