AppLovin Corporation (APP) CEO Adam Foroughi on Q1 2022 Results - Earnings Call Transcript

May 11, 2022 11:21 PM ETAppLovin Corporation (APP) StockAPP
SA Transcripts
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Q1: 2022-05-11 Earnings Summary

EPS of -$0.31 misses by $0.19
 | Revenue of $625.42M (3.57% Y/Y) misses by $191.60M

AppLovin Corporation (NASDAQ:APP) Q1 2022 Earnings Conference Call May 11, 2022 5:00 PM ET

Company Participants

Ryan Gee - Head of Investor Relations
Adam Foroughi - Co Founder and Chief Executive Officer
Herald Chen - President and Chief Financial Officer

Conference Call Participants

Eric Sheridan - Goldman Sachs
Stephen Ju - Credit Suisse
Clark Lampen - BTIG
Matt Cost - Morgan Stanley
David Karnovsky - J.P. Morgan
Tim Nollen - Macquarie Group
David Pang - Stifel Financial Corp.
Franco Granda - D.A. Davidson
Martin Yang - Oppenheimer and Company

Ryan Gee

Good afternoon, everyone. Let’s get stated. Welcome to AppLovin's earnings call for the quarter ended March 31, 2021. I’m Ryan Gee, Head of Investor Relations and Strategic Finance at AppLovin. And joining me today to discuss our results are our Co-Founder, CEO, and Chairperson, Adam Foroughi; and our President, Chief Financial Officer, Herald Chen. Please note our SEC filings, earnings release and shareholder letter discussing our first quarter performance are available at investors.applovin.com. We also posted a short slide presentation that Herald will reference later in this call, if you’d like to follow along. During today's call, we may be making forward-looking statements regarding future events and the future financial performance of the company.

These statements are based on assumptions and beliefs, and we assume no obligation to update them except as required by law. Actual results may differ materially from those results predicted. Please review the risk factors in our most recently filed Form 10-K and our Form 10-Q to be filed shortly after this call for additional information. We will also be discussing non-GAAP financial measures. Reconciliations of our GAAP to non-GAAP financial measures are included in our shareholder letter available on our IR website. Please be sure to review the GAAP measures and a reconciliations as non-GAAP measures are not intended to

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