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00:02AppLovin reported its second quarter 2026 financial results after Wednesday's closing bell,
00:07according to Benzinga. The company reported second quarter adjusted earnings of $3.76 per share,
00:12beating analyst estimates of $3.67 per share. Revenue totaled $1.924 billion, missing estimates
00:19of $1.935 billion. Total revenue increased 53% year-over-year. Cash flow from operations was
00:26$869 million and free cash flow reached $863.3 million. The company repurchased $551.3 million
00:35of its common stock during the quarter and ended the period with approximately $3.05 billion in cash
00:41and cash equivalents. For the third quarter, AppLovin expects revenue of $2.055 billion to $2.085
00:48billion, compared with estimates of $2.068 billion. The company also forecast adjusted EBITDA of $1.71
00:56billion to $1.74 billion. Shares fell more than 19% in after-hours trading following the earnings
01:02release, according to Benzinga Pro. For all things money, visit Benzinga.com.
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