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$APP

BULLISH2024-11-07
Price around the call
↑ 2024-11-07
By horizon✓ hit+9.9%
1d
✗ -1.3%
5d
✓ +2.5%
21d
✓ +9.9%
Original post
Fred Liu · 2024-11-07

RT @AlphaSenseInc: $APP Earnings: - Revenue was $1.20 billion, an increase of 39% - Net Income was $434 million, a net margin of 36% compared to a net income of $109 million and a net margin of 13%. - Software Platform revenue grew 66% to $835 million. Segment Adjusted EBITDA increased 79% to $653 million, a 78% Adjusted EBITDA margin - Adjusted EBITDA increased 72% to $722 million, an Adjusted EBITDA margin of 60%. "We had another fantastic quarter in Q3. Our AXON models continue to improve through selflearning and, more importantly this quarter, from technology enhancements by our engineering team. As we continue to improve our models our advertising partners are able to successfully spend at a greater scale. We're proud to be a catalyst to reinvigorating growth in our industry. In t

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