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1 week agoThe Stock Market Punished AppLovin for Its Best Quarter in Company History
AppLovin reported its best quarter in history, with record revenue, 84% EBITDA margins, and $3.24 in earnings per share, yet the stock declined nearly 30%. That kind of disconnect is worth understanding, especially for retail investors. AppLovin (NASDAQ:APP) reported record Q4 earnings on February 10, posting $1.657 billion in revenue against a $1.618 billion estimate and $3.24 in EPS versus $2.97 expected.
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