secwatch.observer — SEC 8-K summary
======================================

Issuer:     AppLovin Corp (APP)
CIK:        0001751008
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001751008-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppLovin Q4 revenue $953M (+36% YoY), Adj EBITDA $476M; Board approves $1.25B buyback
--------------------------------------------------------------------------------

- Q4 revenue $953M (+36% YoY), net income $172M, Adjusted EBITDA $476M (+83% YoY) at 50% margin.
- Full-year 2023 revenue $3.3B (+17%), net income $357M, Adjusted EBITDA $1.5B (+41%) at 46% margin.
- Software Platform revenue grew 76% to $1.8B in 2023, segment Adj EBITDA $1.3B (69% margin).
- Board authorized $1.25B increase to share repurchase program; $2.2M remained before authorization.
- Q1 2024 guidance: revenue $955-975M, Adjusted EBITDA $475-495M (50-51% margin).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751008/000175100824000004/0001751008-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751008/000175100824000004/app-20240214.htm
  HTML page:      https://secwatch.observer/filing/0001751008-24-000004

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