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AppLovin Stock Surges on Strong Q3 Earnings and Upbeat Outlook

AppLovin Stock Surges on Strong Q3 Earnings and Upbeat Outlook

Author:

Global Cryptocurrency

Published:

2025-11-06 07:01:02

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BTCCSquare news:

AppLovin (APP) shares jumped 6.4% in after-hours trading following a robust third-quarter earnings beat, fueled by its AI-driven mobile advertising platform. Revenue soared 68% year-over-year to $1.41 billion, eclipsing analyst expectations of $1.34 billion. Earnings per share surged 96% to $2.45, outperforming the consensus estimate of $2.38.

The company's Axon Advertising platform drove growth, with management projecting fourth-quarter revenue between $1.57 billion and $1.60 billion. Despite a 91% year-to-date rally, shares dipped 10% last month amid an SEC investigation into data-collection practices triggered by whistleblower complaints.

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