AppLovin Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 953.26 million compared to USD 702.31 million a year ago. Net income was USD 172.23 million compared to net loss of USD 79.51 million a year ago. Basic earnings per share from continuing operations was USD 0.51 compared to basic loss per share from continuing operations of USD 0.21 a year ago. Diluted earnings per share from continuing operations was USD 0.49 compared to diluted loss per share from continuing operations of USD 0.21 a year ago.
For the full year, sales was USD 3,283.09 million compared to USD 2,817.06 million a year ago. Net income was USD 356.71 million compared to net loss of USD 192.75 million a year ago. Basic earnings per share from continuing operations was USD 1.01 compared to basic loss per share from continuing operations of USD 0.52 a year ago. Diluted earnings per share from continuing operations was USD 0.98 compared to diluted loss per share from continuing operations of USD 0.52 a year ago.