Stock Track | AppLovin Soars Nearly 30% After Smashing Q4 Earnings and Revenue Estimates, Fueled by AI-Powered Ad Growth

Stock Track02-13

AppLovin Corporation (APP) saw its stock surge nearly 30% in after-hours trading on Wednesday, following the company's stellar fourth-quarter 2024 earnings release that exceeded analyst estimates for both earnings and revenue. The mobile app technology firm's impressive performance was driven by robust growth in its AI-powered advertising solutions, particularly the Axon 2.0 ad engine.

For the quarter ended December 31, 2024, AppLovin reported:

Revenue: $1.37 billion, up 44% year-over-year and beating analyst consensus of $1.26 billion
Earnings per share (EPS): $1.73, significantly higher than the expected $1.25 and marking a 253% increase from the prior year

AppLovin's strong results can be attributed to the growing popularity of its AI-driven ad targeting and optimization solutions within the mobile gaming and app markets. According to analysts, the company's Axon 2.0 AI engine has helped AppLovin capture a significant share of the $15 billion mobile gaming advertising spend, driving its recent outsized results.

In addition to the robust Q4 numbers, AppLovin provided strong guidance for the first quarter of 2025. The company expects revenue to be between $1.36 billion and $1.39 billion, ahead of analyst estimates of $1.32 billion. AppLovin's management highlighted the potential for further growth, driven by ongoing advancements in AI technology and personalized advertising experiences.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1189522023?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-13 17:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1189522023","market":"hk","top_or_hot":-1,"title":"Stock Track | AppLovin Soars Nearly 30% After Smashing Q4 Earnings and Revenue Estimates, Fueled by AI-Powered Ad Growth","media":"Stock Track","content":"<p>AppLovin Corporation (APP) saw its stock surge nearly 30% in after-hours trading on Wednesday, following the company's stellar fourth-quarter 2024 earnings release that exceeded analyst estimates for both earnings and revenue. The mobile app technology firm's impressive performance was driven by robust growth in its AI-powered advertising solutions, particularly the Axon 2.0 ad engine.</p>\n\n<p>For the quarter ended December 31, 2024, AppLovin reported:</p>\n\n<ul>\n<li><p>Revenue: $1.37 billion, up 44% year-over-year and beating analyst consensus of $1.26 billion</p></li>\n<li><p>Earnings per share (EPS): $1.73, significantly higher than the expected $1.25 and marking a 253% increase from the prior year</p></li>\n</ul>\n\n<p>AppLovin's strong results can be attributed to the growing popularity of its AI-driven ad targeting and optimization solutions within the mobile gaming and app markets. According to analysts, the company's Axon 2.0 AI engine has helped AppLovin capture a significant share of the $15 billion mobile gaming advertising spend, driving its recent outsized results.</p>\n\n<p>In addition to the robust Q4 numbers, AppLovin provided strong guidance for the first quarter of 2025. The company expects revenue to be between $1.36 billion and $1.39 billion, ahead of analyst estimates of $1.32 billion. AppLovin's management highlighted the potential for further growth, driven by ongoing advancements in AI technology and personalized advertising experiences.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | AppLovin Soars Nearly 30% After Smashing Q4 Earnings and Revenue Estimates, Fueled by AI-Powered Ad Growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | AppLovin Soars Nearly 30% After Smashing Q4 Earnings and Revenue Estimates, Fueled by AI-Powered Ad Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-13 17:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>AppLovin Corporation (APP) saw its stock surge nearly 30% in after-hours trading on Wednesday, following the company's stellar fourth-quarter 2024 earnings release that exceeded analyst estimates for both earnings and revenue. The mobile app technology firm's impressive performance was driven by robust growth in its AI-powered advertising solutions, particularly the Axon 2.0 ad engine.</p>\n\n<p>For the quarter ended December 31, 2024, AppLovin reported:</p>\n\n<ul>\n<li><p>Revenue: $1.37 billion, up 44% year-over-year and beating analyst consensus of $1.26 billion</p></li>\n<li><p>Earnings per share (EPS): $1.73, significantly higher than the expected $1.25 and marking a 253% increase from the prior year</p></li>\n</ul>\n\n<p>AppLovin's strong results can be attributed to the growing popularity of its AI-driven ad targeting and optimization solutions within the mobile gaming and app markets. According to analysts, the company's Axon 2.0 AI engine has helped AppLovin capture a significant share of the $15 billion mobile gaming advertising spend, driving its recent outsized results.</p>\n\n<p>In addition to the robust Q4 numbers, AppLovin provided strong guidance for the first quarter of 2025. The company expects revenue to be between $1.36 billion and $1.39 billion, ahead of analyst estimates of $1.32 billion. AppLovin's management highlighted the potential for further growth, driven by ongoing advancements in AI technology and personalized advertising experiences.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"APP","symbol_name":"AppLovin Corporation","start_time":0,"source_url":"","article_id":"1189522023","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1189522023","pubTimestamp":1739437634,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"AppLovin Corporation  saw its stock surge nearly 30% in after-hours trading on Wednesday, following the company's stellar fourth-quarter 2024 earnings release that exceeded analyst estimates for both earnings and revenue. The mobile app technology firm's impressive performance was driven by robust growth in its AI-powered advertising solutions, particularly the Axon 2.0 ad engine.For the quarter ended December 31, 2024, AppLovin reported:. Revenue: $1.37 billion, up 44% year-over-year and beatin","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"APP":"AppLovin Corporation"},"translate_title":"在人工智能驱动的广告增长的推动下，AppLovin在第四季度盈利和收入超出预期后飙升近30%","themeId":"532424f4f3ad071bae82d606216e123e","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APP":1},"content_text":"AppLovin Corporation (APP) saw its stock surge nearly 30% in after-hours trading on Wednesday, following the company's stellar fourth-quarter 2024 earnings release that exceeded analyst estimates for both earnings and revenue. The mobile app technology firm's impressive performance was driven by robust growth in its AI-powered advertising solutions, particularly the Axon 2.0 ad engine.\nFor the quarter ended December 31, 2024, AppLovin reported:\n\nRevenue: $1.37 billion, up 44% year-over-year and beating analyst consensus of $1.26 billion\nEarnings per share (EPS): $1.73, significantly higher than the expected $1.25 and marking a 253% increase from the prior year\n\nAppLovin's strong results can be attributed to the growing popularity of its AI-driven ad targeting and optimization solutions within the mobile gaming and app markets. According to analysts, the company's Axon 2.0 AI engine has helped AppLovin capture a significant share of the $15 billion mobile gaming advertising spend, driving its recent outsized results.\nIn addition to the robust Q4 numbers, AppLovin provided strong guidance for the first quarter of 2025. The company expects revenue to be between $1.36 billion and $1.39 billion, ahead of analyst estimates of $1.32 billion. AppLovin's management highlighted the potential for further growth, driven by ongoing advancements in AI technology and personalized advertising experiences.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1189522023","isCrawlerRequest":true}