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RomainRoth

Romain Roth

Dear Etorians, 08/26/24

2024-08-26

Dear Etorians, 08/26/24 $APP published revenue for the quarter ended June 30 of $1.08 billion, compared to $750.2 million a year earlier. Analysts had expected $1.08 billion. The bottom line surprised well with net income of $0.89 per diluted share for the second quarter, up from $0.22 the previous year. Analysts were expecting $0.73. The stock has been yo-yoing over the last few weeks so I decided to strengthen our position when the stock price was below $70.

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