AppLovin Stock Jumps On Strong Q1 Earnings: The Details
AppLovin Stock Jumps On Strong Q1 Earnings: The Details
AppLovin Corp (NASDAQ:APP) shares are trading higher in Wednesday's after-hours session after the company reported better-than-expected financial results for the first quarter.
AppLovin Corp（納斯達克股票代碼：APP）股價在週三盤後交易中走高，此前該公司公佈的第一季度財務業績好於預期。
- Q1 Revenue: $1.058 billion, versus estimates of $974.361 million
- 第一季度收入：10.58億美元，而預期爲9.74361億美元
- Q1 EPS: 67 cents, versus estimates of 55 cents
- 第一季度每股收益：67美分，而預期爲55美分
Total revenue was up 48% year-over-year in the first quarter. Apps segment revenue was up 5% year-over-year, benefitting from the improved performance of AXON since its launch last year. Adjusted EBITDA came in at $549 million, up 101% on a year-over-year basis.
第一季度總收入同比增長48％。應用程序細分市場收入同比增長5％，這得益於AXON自去年推出以來的業績改善。調整後的息稅折舊攤銷前利潤爲5.49億美元，同比增長101％。
Net cash from operating activities was $393 million in the quarter. AppLovin said it generated free cash flow of $388 million in the first quarter. The company ended the quarter with $436 million in cash and cash equivalents.
本季度來自經營活動的淨現金爲3.93億美元。AppLovin表示，它在第一季度創造了3.88億美元的自由現金流。該公司在本季度末擁有4.36億美元的現金及現金等價物。
"We're proud of the continued momentum our team has achieved through the first quarter of the new year. As we approach the first anniversary of our AXON launch, we are just beginning to explore its full potential," the company said in a letter to shareholders.
“我們爲我們的團隊在新年第一季度取得的持續勢頭感到自豪。在我們臨近AXON推出一週年之際，我們才剛剛開始探索其全部潛力。” 該公司在給股東的一封信中說。
2024 Outlook: AppLovin expects full-year 2024 revenue to be in the range of $1.06 billion to $1.08 billion. The company anticipates full-year adjusted EBITDA of $550 million to $570 million on adjusted EBITDA margin of 52% to 53%.
2024年展望：AppLovin預計，2024年全年收入將在10.6億美元至10.8億美元之間。該公司預計，全年調整後的息稅折舊攤銷前利潤爲5.5億美元至5.7億美元，調整後的息稅折舊攤銷前利潤率爲52％至53％。
Management will discuss these results on a conference call scheduled for 5 p.m. ET.
管理層將在定於美國東部時間下午5點舉行的電話會議上討論這些結果。
APP Price Action: AppLovin shares were up 8.08% at $80.07 at the time of publication, according to Benzinga Pro.
應用程序價格走勢：根據Benzinga Pro的數據，AppLovin股價在發佈時上漲8.08％，至80.07美元。
Photo: Tung Nguyen from Pixabay.
照片：來自 Pixabay 的 Tung Nguyen。