
TWIG #183 Ubisoft's bet on mobile / AppLovin's masterful earnings report / the problem with braintrusts
Deconstructor of Fun
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Aploven - The Last Earnings Update
Aploven's stock was up like 35 % after the print, which is absolutely crazy. They reduced ther they reduced their estimates for gaming by 200 million and bought revenue for their abs platform. And then use non gaping counting standards to back out the costs of this guaranteed revenue as publisher bonuses inr qoto quo contra revenue. I'm not suggesting any otherwise. But it is genius, absolute genius, right? As a result, the stock was up, like, i think, around forty % after teur earnings,. Even though they guided down revenue over all by 200 million. The company did raise guidance for profitability. To put the map in prospect of being up forty %, when your
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