After-hours earnings lesson: one soaring, one plunging.
AppLovin rose more than 20% after hours—Q3 revenue of about $2.18 billion and adjusted EBITDA of about $1.84 billion, both above Street expectations. That same night, Dutch Bros fell about 19% after hours, lowering its full-year EBITDA guidance; Zillow dropped more than 16%, with both revenue and guidance coming in weak.
Look at guidance and margin structure first; don’t focus only on after-hours price moves. Not investment advice.
$APP $BROS $ZG
AppLovin rose more than 20% after hours—Q3 revenue of about $2.18 billion and adjusted EBITDA of about $1.84 billion, both above Street expectations. That same night, Dutch Bros fell about 19% after hours, lowering its full-year EBITDA guidance; Zillow dropped more than 16%, with both revenue and guidance coming in weak.
Look at guidance and margin structure first; don’t focus only on after-hours price moves. Not investment advice.
$APP $BROS $ZG