What’s Going On With Applovin Stock Thursday? – AppLovin (NASDAQ:APP)

Applovin Corporation APP stock is trading on volatility Thursday. The company released its second quarter financial results on Wednesday after the market closed.

What To Know: Applovin reported earnings per share of $2.39, beating the consensus estimate of $2.04. In addition, the company reported sales of $1.25 billion, missing the consensus estimate of $1.30 billion.

Net cash from operating activities totaled $772 million, while free cash flow reached $768 million in the second quarter. The company also repurchased 0.9 million shares for $341 million during the period.

The company completed the $400 million sale of its Apps business to Tripledot Studios. The deal also included equity consideration worth about 20% of Tripledot’s fully diluted equity.

Q3 Outlook: The company sees sales from $1.32 billion to $1.34 billion, versus the consensus estimate of $1.31 billon.

Related Link: Krispy Kreme’s Q2 Margin Squeeze—Reveals New Plan To Power Q3 Profit

APP Price Action: At the time of writing, Applovin stock is trading 13.1% higher at $441.58, according to data from Benzinga Pro.

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Great Job Dylan Berman & the Team @ Benzinga – Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals Source link for sharing this story.

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Felicia Ray Owens
Felicia Ray Owenshttps://feliciarayowens.com
Felicia Ray Owens is a media founder, cultural strategist, and civic advocate who creates platforms where power meets lived truth. As the voice behind C4: Coffee. Cocktails. Culture. Conversation and the founder of FROUSA Media, she uses storytelling, public dialogue, and organizing to spotlight the issues that matter most—locally and nationally. A longtime advocate for community wellness and political engagement, Felicia brings experience as a former Precinct Chair and former Chief Communications Officer of Indivisible Hill Country. Her work bridges culture, activism, and healing through curated spaces designed to inspire real change. Learn more at FROUSA.org

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