secwatch.observer — SEC 8-K summary
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Issuer:     AppLovin Corp (APP)
CIK:        0001751008
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001193125-22-281229
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppLovin reports Q3 rev $713M (-2% YoY), Adj EBITDA $258M (+35%); cuts FY2022 rev guidance to ~$2.81B
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- Software Platform rev $307M (+59% YoY); SPEC clients up 84% to 538; NDBRR 166%.
- Apps segment rev $407M (-24% YoY); Adj EBITDA margin improved to 17% from 11%.
- Net income $24M (vs $0.1M prior yr); Adj EBITDA $258M (+35% YoY, 36% margin).
- 4Q22 guidance: rev $685-700M, Adj EBITDA $250-265M, margin 36-38%.
- Full yr 2022 rev guidance cut to $2.80-2.81B (from $2.84-3.14B); Adj EBITDA ~$1.06B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751008/000119312522281229/0001193125-22-281229-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751008/000119312522281229/d420405d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-281229

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