secwatch.observer — SEC 8-K summary
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Issuer:     AppLovin Corp (APP)
CIK:        0001751008
Form:       8-K
Filed at:   2022-08-10T23:59:59+00:00
Accession:  0001193125-22-217369
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppLovin Q2 revenue $776M (+16% YoY), net loss $22M; proposes Unity merger, cuts FY guidance
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- Software Platform revenue $318M (+118% YoY); segment Adjusted EBITDA margin 62%.
- Apps revenue $459M (-12% YoY); strategic review may include divestitures; workforce reduced ~12%.
- Full-year 2022 guidance cut: total revenue $2.84-3.14B (prior $3.14-3.44B); Adj. EBITDA midpoint $1.2B.
- Chief Accounting Officer Elena Arutunian resigns effective after Q2 10-Q; no disagreement cited.
- Non-binding proposal to combine with Unity announced Aug 9; shareholder webinar to discuss.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751008/000119312522217369/0001193125-22-217369-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751008/000119312522217369/d363851d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-217369

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer