AppLovin Announces Record Financial Results for the Fourth Quarter and Full-Year 2021
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AppLovin Corp (APP) PT Lowered to $100 at Oppenheimer
February 17, 2022 7:54 AM ESTOppenheimer analyst Martin Yang lowered the price target on AppLovin Corp (NASDAQ: APP) to $100.00 (from $120.00) while maintaining an Outperform rating.
The analyst commented, "APP's 2022 guidance reset expectations for its software business higher, and for its apps business (mobile games), lower. High-end of 2022 sales guidance... More
AppLovin (APP) Misses Q4 EPS by 3c
February 16, 2022 4:08 PM ESTAppLovin (NASDAQ: APP) reported Q4 EPS of $0.08, $0.03 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $793 million versus the consensus estimate of $783.36 million.
GUIDANCE:
AppLovin sees FY2022 revenue of $3.55-3.85 billion, versus the consensus of $3.82... More
