Aug. 15 at 2:23 PM
$APP AppLovin Corporation APP paired a modest second-quarter revenue miss with third-quarter guidance that points to faster sequential expansion. Revenues still increased sharply year over year, but the sequential pace slowed from the first quarter.
The next test is whether that guidance translates into renewed momentum while AppLovin continues spending on computing capacity for existing and new artificial-intelligence models. The outlook suggests growth can accelerate without a major reset in profitability.
