AppLovin reported Q1 adjusted earnings of $3.56 per share, a 59% YoY increase and $0.14 beat estimates.
Revenue reached $1.84 billion, surpassing the $1.78 billion consensus, with ad revenue growing 11% QoQ versus a 6% target.
Shares rose over 2% in pre‑market trading, and the company guided Q2 revenue up to $1.95 billion, above analyst forecasts.
Analysts from BofA and Morgan Stanley highlighted eCommerce model breakthrough and gaming innovation as drivers of growth.