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AppLovin Q4 Earnings, Revenue Beat Estimates; Expands Buy-Back Program By $1.25B

AppLovin reported quarterly earnings of 49 cents per share which beat the analyst consensus estimate of 36 cents by 36.11%. The company reported quarterly sales of $953.26 million, beating the analyst consensus estimate of $928.17 million by 2.7% and representing a 35.73% increase over sales of $702.31 million year-over-year.

APP

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Investors Cheer Upwork’s Q4 Performance, Stock Gains On Strong Guidance

Upwork reported quarterly earnings of 20 cents per share which beat the analyst consensus estimate of 17 cents by 17.65%. The company reported quarterly sales of $183.9 million, beating the analyst consensus estimate of $178.16 million by 3.22% and representing a 13.91% increase over sales of $161.44 million from the same period last year.

UPWK

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Bill Holdings Q2 Earnings: Revenue And EPS Beat, Hikes Outlook And More

Bill Holdings reported quarterly earnings of 63 cents per share, beating the analyst consensus estimate of 40 cents by 57.5% and representing a 50% increase over earnings of 42 cents per share year-over-year. The company reported quarterly sales of $318.5 million which beat the analyst consensus estimate of $298.14 million by 6.83% and is a 22.5% increase over sales of $260.01 million from the same period last year.

BILL

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Grand Theft Auto Maker Take-Two Reports Soft Q3 Results, Lowers 2024 Forecast

Take-Two Interactive Software reported quarterly total net bookings of $1.34 billion which is down 3% year-over-year. Take-Two said net bookings from recurrent consumer spending decreased by 7% and accounted for 75% of total net bookings. The company reported GAAP net revenue of $1.37 billion, also down by 3%, and a GAAP loss per share of 54 cents. Take-Two also revised its 2024 net bookings forecast to between $5.25 billion and $5.3 billion.

NXT