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00:02AppLove & Corp. reported adjusted earnings of $3.24 per share on $1.66 billion in fourth
00:09quarter revenue, surpassing analyst estimates of $2.95 per share and $1.60 billion,
00:17according to data from Benzinga Pro. Total revenue increased 66% year-over-year.
00:22Cash flow from operations and free cash flow each totaled $1.31 billion in the quarter.
00:28The company repurchased $481.7 million of its common stock and ended the period with
00:35approximately $2.49 billion in cash and cash equivalents. AppLove & expects first quarter
00:41revenue of $1.75 billion to $1.78 billion versus estimates of $1.69 billion and anticipates adjusted
00:50EBITDA of $1.47 billion to $1.50 billion. Shares fell 4.56% in after hours, trading to $436,
01:01according to Benzinga Pro.
01:02For all things money, visit Benzinga.com.
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