Applovin Corp Stock Price, News & Analysis

AppLovin Corporation (NASDAQ: APP) announced a statement following the closure of Silicon Valley Bank (SVB) by the California Department of Financial Protection and Innovation. As of March 10, 2023, AppLovin holds over $1 billion in cash and cash equivalents, with less than $2 million at SVB and no related credit facilities. The company expects to continue normal operations while monitoring the situation closely. They emphasize their commitment to fulfilling payment obligations to partners and employees amid the risks posed by SVB's closure.

Adjust has released a new ebook titled Mastering CTV in 2023, which provides insights for mobile app marketers navigating the growing connected TV (CTV) landscape. With global CTV ad spending expected to hit $32.6 billion by 2026, Adjust anticipates measuring over a billion monthly CTV impressions by year-end 2023, up from a quarter billion average in 2022. The ebook covers the importance of CTV for user acquisition, comprehensive measurement strategies, and real-world success stories, including Magic Tavern, which achieved a 65% reduction in effective cost-per-install (eCPI) and a 4X return on ad spend through targeted campaigns.

AppLovin Corporation has announced the global launch of Final Fantasy XV: War for Eos, a new free-to-play mobile strategy MMORPG. Players can engage with beloved characters from the Final Fantasy XV franchise, participate in dynamic battles, and build customizable empires. The game offers a vast world map featuring PvP and PvE objectives, allowing players to forge alliances or create powerful guilds. Available for download on iOS and Google Play, it targets gamers in over 150 countries.

AppLovin Corporation (NASDAQ: APP) reported its financial results for Q4 and the full year ending December 31, 2022. The company plans to host a webinar today at 2:00 PM PT to discuss these results and provide insights into business performance. AppLovin specializes in marketing solutions for developers, including user acquisition and monetization technologies. Investors can access the details of the earnings call through the company's investor relations website.

AppLovin has released its Creative Trends Report 2023, analyzing over 52.3 billion impressions to identify effective mobile ad strategies for developers. The report aims to enhance the performance of mobile ad campaigns.

Key findings include that customization of characters boosts engagement, while dramatic narratives significantly enhance user investment in games. Additionally, voiceover messaging is gaining traction, representing nearly 30% of top creatives, and real-time feedback is crucial for user connection, with almost 50% of top performers using it. The insights aim to assist marketers in optimizing their ad strategies.

AppLovin Corporation (NASDAQ: APP) will report its financial results for Q4 and full year 2022 on February 8, 2023, after U.S. market close. A webinar led by Adam Foroughi (CEO) and Herald Chen (CFO) will follow at 2:00 PM PT / 5:00 PM ET, discussing quarterly results and business performance. Interested parties can join via the Company’s website or by phone. AppLovin is a marketing software platform that enables business growth through a full-stack solution for user acquisition, monetization, and measurement. The Company is headquartered in Palo Alto, California.

AppLovin Corporation (NASDAQ: APP) has announced its financial results for the quarter ending September 30, 2022. The company will host a webinar today at 2:00 PM PT to discuss these results and offer insights into its business performance. AppLovin provides a full-stack solution for developers, focusing on user acquisition, monetization, and measurement. The webinar will include a Q&A session for stakeholders to engage with management.

The Japan Mobile App Trends 2022 report by Adjust and Liftoff reveals that payment apps account for nearly 75% of total fintech sessions in Japan from 2021 through H1 2022, marking a 13% year-over-year growth. Overall, app sessions increased by 12% YoY during the same period. Fintech apps saw notably high engagement, with June 2022 recording 30% more sessions compared to the 2021 average. The report underlines Japan's transition to a cashless society, with 40% of transactions expected to be digital by 2025, indicating robust growth potential in the fintech sector.

AppLovin Corporation (NASDAQ: APP) will release its third quarter 2022 financial results on November 9, 2022, after U.S. market close. A webinar is scheduled for the same day at 2:00 PM PT / 5:00 PM ET, featuring CEO Adam Foroughi and CFO Herald Chen discussing the results and business performance. Interested parties can access the webinar through the Company’s website or by dialing in at +1 669 900 6833 (Webinar ID: 978 5726 1544). A replay will be available thereafter.