AppLovin Corporation (APP) Q3 2023 Earnings Call Transcript

AppLovin Corporation (NASDAQ:APP) Q3 2023 Results Conference Call November 8, 2023 5:00 PM ET

Company Participants

David Hsiao – Head, IR

Adam Foroughi – Co-Founder, CEO and Chairperson

Herald Chen – President and CFO

Conference Call Participants

Ralph Schackart – William Blair

Clark Lampen – BTIG

Franco Granda – D.A. Davidson

Martin Yang – OpCo

Matt Cost – Morgan Stanley

Omar Dessouky – BofA

David Hsiao

Welcome, everyone, to the AppLovin Earnings Call for the Third Quarter ended September 30, 2023. I’m David Hsiao, Head of Investor Relations. Joining me today to discuss our results are Adam Foroughi, our Co-Founder, CEO and Chairperson; and Herald Chen, our President and CFO.

Please note, our SEC filings to date as well as our shareholder letter and press release discussing our third quarter performance are available at During today’s call, we will be making forward-looking statements regarding our products and services, market expectations, our CFO transition, the future financial performance of the company and other future events.

These statements are based on our current assumptions and beliefs, and we assume no obligation to update them except as required by law. Our actual results may differ materially from the results predicted. We encourage you to review the risk factors in our most recently filed Form 10-Q for the fiscal quarter ended June 30, 2023, and our Form 10-Q for the third quarter, which we expect to file later today.

We will also be discussing non-GAAP financial measures. These non-GAAP measures are not intended to be a substitute for or superior to our GAAP results. Please be sure to review the reconciliations of our GAAP and non-GAAP financial measures in our shareholder letter available on our Investor Relations site.

This conference call is being recorded, and a replay will be available on our IR website. Now

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