AppLovin's Axon 2 technology has driven nearly all of its revenue growth, with software platform revenue soaring 66% to $835 million, highlighting its pivotal role.
Despite a reduced spending on sales and marketing by 3%, AppLovin achieved significant revenue growth and improved its gross margin to 77.5% from 69.3% year-over-year.
The overall revenue climbed 39% to $1.2 billion, exceeding expectations, and demonstrating the strong market demand for AppLovin's innovative services.
The surge in EPS from $0.30 to $1.25, alongside a 72% increase in adjusted EBITDA to $722 million, reflects the company’s financial strength and operational efficiency.
Collection
[
|
...
]