AppLovin

AppLovin to Announce Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, January 3, 2024

AppLovin Corporation (NASDAQ: APP) (“AppLovin” or the “Company”), the leading marketing platform, today announced it will report financial results for the fourth quarter and fiscal year 2023 on Wednesday, February 14, 2024 after the U.S. stock market closes.

Key Points: 
  • AppLovin Corporation (NASDAQ: APP) (“AppLovin” or the “Company”), the leading marketing platform, today announced it will report financial results for the fourth quarter and fiscal year 2023 on Wednesday, February 14, 2024 after the U.S. stock market closes.
  • An accompanying webinar will take place at 2:00 PM PT / 5:00 PM ET on February 14, 2024 during which management will discuss quarterly results, as well as provide commentary on business performance.
  • The webinar will be hosted by Adam Foroughi, Co-founder and Chief Executive Officer, and Matt Stumpf, Chief Financial Officer.
  • A replay of the webcast will also be available under the Events & Presentations section of the Company’s Investor Relations website.

Belka Games Releases New Merge and Tycoon Game Roger That!

Retrieved on: 
Thursday, December 7, 2023

and embark on a unique new game adventure created by chart-topping mobile game developer Belka Games .

Key Points: 
  • and embark on a unique new game adventure created by chart-topping mobile game developer Belka Games .
  • The game invites players to an immersive journey through the Treasure Islands, combining two engaging genres: merge and tycoon with exploration in core.
  • a new game adventure created by Belka Games.
  • “In one year, our team transformed a bold concept into a reality, creating this fun-filled virtual adventure,” said Vlad Kuligin, ‘Roger That!’ Game Producer at Belka Games.

AppLovin Announces Record Third Quarter 2023 Financial Results and the Transition of the President and CFO

Retrieved on: 
Wednesday, November 8, 2023

AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced financial results for the quarter ended September 30, 2023 and posted a letter to shareholders on its Investor Relations website located at www.investors.applovin.com .

Key Points: 
  • AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced financial results for the quarter ended September 30, 2023 and posted a letter to shareholders on its Investor Relations website located at www.investors.applovin.com .
  • AppLovin’s robust third quarter exceeded the high end of revenue, Adjusted EBITDA and margin guidance.
  • Outperformance was driven primarily by the continued performance of AXON 2.0, the AI-based advertising engine behind the company’s AppDiscovery platform.
  • “We are thrilled to announce our best quarter ever leading to very strong financial results,” said Adam Foroughi, CEO and Co-Founder of AppLovin.

AppLovin to Announce Third Quarter 2023 Results

Retrieved on: 
Wednesday, October 4, 2023

AppLovin Corporation, (NASDAQ: APP) (“AppLovin” or the “Company”) the leading marketing platform, today announced it will report financial results for the third quarter of 2023 on Wednesday, November 8, 2023 after the U.S. stock market closes.

Key Points: 
  • AppLovin Corporation, (NASDAQ: APP) (“AppLovin” or the “Company”) the leading marketing platform, today announced it will report financial results for the third quarter of 2023 on Wednesday, November 8, 2023 after the U.S. stock market closes.
  • An accompanying webinar will take place at 2:00 PM PT / 5:00 PM ET on November 8, 2023 during which management will discuss quarterly results, as well as provide commentary on business performance.
  • The webinar will be hosted by Adam Foroughi, Co-founder and Chief Executive Officer, and Herald Chen, President and Chief Financial Officer.
  • A replay of the webcast will also be available under the Events & Presentations section of the Company’s Investor Relations website.

Friends of San Quentin News Renamed Pollen Initiative

Retrieved on: 
Tuesday, September 19, 2023

The Friends of San Quentin News – the umbrella organization supporting the San Quentin News and dedicated to cultivating rehabilitative programs inside prisons across the U.S., with a special focus on media centers inside prisons and jails – today announced its national expansion efforts under a new name: Pollen Initiative .

Key Points: 
  • The Friends of San Quentin News – the umbrella organization supporting the San Quentin News and dedicated to cultivating rehabilitative programs inside prisons across the U.S., with a special focus on media centers inside prisons and jails – today announced its national expansion efforts under a new name: Pollen Initiative .
  • The Pollen Initiative will continue the Friends of San Quentin News’ mission to equip incarcerated people nationwide with rehabilitative experience, including written, audio and visual journalism skills to share stories that change lives, inform policy and build communities.
  • The organization will also continue to serve as the affiliated non-profit fundraising organization of San Quentin News, the incarcerated-run newspaper of San Quentin State Prison.
  • The team behind the Pollen Initiative has helped launch and expand three media projects across the United States, including San Quentin News, ForwardThis Productions and Prison Media Center-in-a-Box.

Wurl and AppLovin Empower Streamers and Publishers to Turn CTV into a Performance Marketing Channel in New Report

Retrieved on: 
Wednesday, September 13, 2023

Wurl , the leader in data-driven solutions for CTV, today released How to Turn CTV into a Performance Marketing Channel for Growth , a new report developed in partnership with leading marketing platform AppLovin (NASDAQ: APP).

Key Points: 
  • Wurl , the leader in data-driven solutions for CTV, today released How to Turn CTV into a Performance Marketing Channel for Growth , a new report developed in partnership with leading marketing platform AppLovin (NASDAQ: APP).
  • View the full release here: https://www.businesswire.com/news/home/20230913614046/en/
    “CTV advertising is bringing the performance power of mobile user acquisition into the world of television, unlocking unprecedented ROI for streamers, content publishers, and mobile marketers alike,” said Katie Jansen, Chief Marketing Officer, AppLovin.
  • The report also features real-world case studies from apps that increased their install rates with AppDiscovery campaigns tapping into Wurl’s premium CTV supply.
  • “With performance-driven advertising, streamers and publishers can leverage CTV as part of their marketing mix to attract high-value viewers, increase engagement, and, in turn, boost retention.

AppLovin Appoints Todd Morgenfeld to its Board of Directors

Retrieved on: 
Wednesday, September 6, 2023

AppLovin Corporation (NASDAQ: APP), a leading marketing platform, today announced the appointment of former Pinterest and Twitter executive Todd Morgenfeld to its Board of Directors.

Key Points: 
  • AppLovin Corporation (NASDAQ: APP), a leading marketing platform, today announced the appointment of former Pinterest and Twitter executive Todd Morgenfeld to its Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20230906011618/en/
    Todd Morgenfeld joins AppLovin's Board of Directors (source: AppLovin Corporation).
  • “Todd will be an advisor and strong addition to the AppLovin board,” said Adam Foroughi, Co-founder, CEO and Chairperson of AppLovin.
  • I’m honored to be joining Adam, Herald, and the entire board as AppLovin pursues the tremendous opportunity to further expand its leadership across new markets,” said Morgenfeld.

AppLovin Announces GQG Purchase of 10 Million Shares of Class A Common Stock from KKR

Retrieved on: 
Monday, August 14, 2023

AppLovin Corporation (NASDAQ: APP) (“AppLovin” or the “Company”), a leading marketing platform, today announced that KKR Denali Holdings L.P. (“KKR”) entered into an agreement with GQG Partners LLC (“GQG”), a leading global equity investment boutique, to sell 10 million shares of AppLovin’s Class A common stock in a direct placement to client accounts managed by GQG.

Key Points: 
  • AppLovin Corporation (NASDAQ: APP) (“AppLovin” or the “Company”), a leading marketing platform, today announced that KKR Denali Holdings L.P. (“KKR”) entered into an agreement with GQG Partners LLC (“GQG”), a leading global equity investment boutique, to sell 10 million shares of AppLovin’s Class A common stock in a direct placement to client accounts managed by GQG.
  • We have been impressed by the company’s strong execution.”
    The transaction is expected to close on August 21, 2023.
  • AppLovin is not offering any shares of its common stock in the offering.
  • This transaction was negotiated directly between KKR and GQG.

AppLovin Announces Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 9, 2023

AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced financial results for the quarter ended June 30, 2023 and posted a letter to its shareholders on its Investor Relations website located at www.investors.applovin.com .

Key Points: 
  • AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced financial results for the quarter ended June 30, 2023 and posted a letter to its shareholders on its Investor Relations website located at www.investors.applovin.com .
  • AppLovin will host a webinar today at 2:00 PM PT / 5:00 PM ET, during which management will discuss the Company’s second quarter 2023 results and provide commentary on the business’ performance.
  • The webinar may be accessed on the Company’s investor relations website or at: https://applovin.zoom.us/webinar/register/WN_J-Vtniv7T8uhF31nFKkWxA .
  • A replay of the webinar will also be available under the Events & Presentations section of our Investor Relations website.

AppLovin AI Advancements to Accelerate Partner Growth

Retrieved on: 
Monday, August 7, 2023

AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced new AI advancements to its mobile user acquisition (UA) platform, AppDiscovery .

Key Points: 
  • AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced new AI advancements to its mobile user acquisition (UA) platform, AppDiscovery .
  • “We have been working to upgrade our advertising algorithm with the latest AI techniques and we are very excited about the early results,” explained Adam Foroughi, CEO and Co-founder, at AppLovin.
  • “Our advertisers are benefiting from increased automation and seeing better return on ad spend (ROAS), at a much larger scale.
  • Can Salih Yarangümelioğlu, Marketing Director at Peak, stated, “AppDiscovery’s AI advancements have led to substantial growth in our ROAS campaigns.”
    Greater automation: More accurately determines where to spend to best deliver on performance goals – across geographies, devices, apps and more.