Financial PerformanceRevenue of $119mn slightly exceeded BofA ($117mn) and conservative Guide ($116mn), with EBITDA margin beating handily benefiting from cost savings.
PartnershipsAdoption of alternative app distribution appears to be growing, with Epic, Xbox, and Pinterest all current partners of APPS.
Revenue GrowthAPPS delivered its first quarter of growth since 2Q23, marking an important inflection after 10 consecutive quarters of Y/Y declines.