Lyft reported strong top-line growth and positive free cash flow for the second consecutive quarter, with a solid start to the year. Bumble exceeded Q1 earnings expectations with an EPS of $0.19 and sales of $267.77M. Applovin also outperformed, showing improvement in the app advertising market and a shift to real-time bidding.
$APP AppLovin Revenue of $1.06B (+47.89% YoY) beats by $83.99M. EPS of $0.67 beats by $0.10. https://t.co/7K2LKzUQ6t
$BMBL (+10.5% pre) Bumble Inc. (BMBL) Q1 Earnings and Revenues Top Estimates https://t.co/NvTLmPYAK6
$APP (+13.5% pre) AppLovin (APP) Tops Q1 Earnings and Revenue Estimates https://t.co/E6yT1dKnO1
AppLovin’s stock gains as earnings highlight improvements in app ad market https://t.co/KWXszIfq6L
Applovin double beat CEO & CFO: "We were encouraged to see improvement in the app advertising market with another quarter of year-over-year market growth and a continued shift to real-time bidding" $APP: +8.1% AH https://t.co/VNL2nKzU43
Bumble double beat CEO: "We delivered solid Q1 financial results while making great progress on our plans to unlock Bumble’s next phase of growth" $BMBL: +6.4% AH https://t.co/shx11aWMMs
Applovin double beat CEO & CFO: "We were encouraged to see improvement in the app advertising market with another quarter of year-over-year market growth and a continued shift to real-time bidding" $APPS: +8.1% AH https://t.co/uq0QDs384M
$BMBL | Bumble Q1 Earnings: - EPS: $0.19 (Est. $0.07)🟢 - Sales $267.77M (Est. $265.47M) 🟢
Lyft double beat CEO: "...we delivered strong top-line growth & had our second consecutive quarter of +ve FCF. We've had a solid start to the year & we’re on track to deliver on our full-year financial goals with an improved outlook for our full-year FCF" $LYFT: +2.4% AH https://t.co/SFJiTEYuyZ