AppLovin Corporation (NASDAQ:APP) Q3 2022 Earnings Conference Call November 9, 2022 5:00 PM ET

Company Participants

Ryan Gee - Head of Investor Relations and Strategic Finance

Adam Foroughi - Chief Executive Officer and Co-Founder

Herald Chen - President and Chief Financial Officer

Conference Call Participants

Tim Nollen - Macquarie

Youssef Squali - Truist Securities

Eric Sheridan - Goldman Sachs

Clark Lampen - BTIG

Matthew Cost - Morgan Stanley

Stephen Ju - Credit Suisse

Omar Dessouky - Bank of America

Franco Granda Penaherrera - D.A. Davidson

Martin Yang - Oppenheimer

Ralph Schackart - William Blair

David Pang - Stifel

Operator

Ryan Gee

Hello. Good afternoon, everyone. Welcome to AppLovin's Earnings Call for the Third Quarter Ended September 30, 2022. Joining me today to discuss our results are our Co-Founder, CEO and Chairperson Adam Foroughi; and our President and Chief Financial Officer, Herald Chen. Please note our SEC filings as well as our shareholder letter discussing our third quarter performance, are available at investors.applovin.com.

During today's call, we may be making forward-looking statements regarding future events, expectations regarding the market, the future financial performance of the company and our strategic review of our Apps portfolio. These statements are based on our current assumptions and beliefs, and we assume no obligation to update them, except as required by law.

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, 2022, and in our Form 10-Q for the third quarter, which we expect to file later this week.

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

Be advised this conference call is being recorded, and a replay will be available on our IR website. I'd now like to turn it over to Adam for some opening remarks, then we'll open it up for Q&A. Please go ahead, Adam.

Adam Foroughi

Thanks all for joining us today. As this market continues to be difficult, it's easy to get disappointed, but you're not going to hear any disappointment from me today. I've been building businesses for nearly two decades now. And one thing I know is it takes years, not quarters to build the great business.