AppLovin stock has jumped 30% after hours after another insane quarter.

Yes you are reading that correctly, AppLovin stock has jumped 30% after hours after another insane quarter.

Check out: AppLovin Empire: Monopoly in Mobile Gaming?

Highlights from the earnings call earlier today were:

• Revenue Growth: The company reported a 44% year-over-year increase in revenue for Q4 2024.

• Earnings Per Share (EPS): Adjusted EPS for the quarter was $1.73, surpassing market expectations.

• Future Revenue Projections: AppLovin forecasts Q1 2025 revenue between $1.355 billion and $1.385 billion, exceeding analysts’ expectations.

• Strategic Shift: The company is expanding its advertising platform beyond gaming into e-commerce, marking a transformative period (please refer to my 2025 marketing predictions after with Deconstructor of Fun to read more about this).

• Divesting From Games: AppLovin plans to sell its gaming studios for approximately $900m to focus on its core advertising technology and software platform, AXON is smashing it once again!

Whilst I don’t give out investment advice I have been well documented saying that I think it would hit $500 per share by summer due to the planned expansion in e-commerce and boy, it looks like I was right!