secwatch.observer — SEC 8-K summary
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Issuer:     AppLovin Corp (APP)
CIK:        0001751008
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001751008-23-000070
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppLovin Q3 revenue $864M (+21% YoY); CFO Herald Chen to step down, Stumpf named CFO
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- Revenue $864M (+21% YoY), net income $109M, Adj EBITDA $419M (+63% YoY), above guidance.
- Software Platform revenue record $504M (+65% YoY), Adj EBITDA $364M, margin 72%.
- Apps revenue $360M (-11% YoY), Adj EBITDA $55M (-18% YoY), margin 15%.
- Q4 guidance: revenue $910-930M, Adj EBITDA $420-440M.
- President/CFO Herald Chen resigns; Matt Stumpf appointed CFO effective Jan 1, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751008/000175100823000070/0001751008-23-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751008/000175100823000070/app-20231103.htm
  HTML page:      https://secwatch.observer/filing/0001751008-23-000070

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