Applovin stocks pop on income beat because it publicizes sale of cell gaming industry

Applovin stocks soared as top as 15% in prolonged buying and selling then the corporate reported income and income that beat expectancies and introduced the sale of its cell gaming industry.

Right here’s how the corporate did in comparison to LSEG consensus estimates:

• Income: $1.67 in keeping with percentage vs $1.45 in keeping with percentage anticipated
• Earnings: $1.48 billion vs $1.38 billion anticipated

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