APPS Reports 27% Revenue Increase
APPS revenue rises 27% year-over-year
APPS Fiscal first quarter of 2027 revenue totaled $166.0 million, representing an increase of 27% year-over-year as compared to the fiscal first quarter of 2026.
GAAP net loss for the fiscal first quarter of 2027 was $3.2 million, or $(0.03) per share.
Non-GAAP adjusted net income1 for the fiscal first quarter of 2027 was $24.1 million, or $0.19 per share, as compared to non-GAAP adjusted net income1 of $7.0 million, or $0.06 per share, in the fiscal first quarter of 2026.
Non-GAAP adjusted EBITDA2 for the fiscal first quarter of 2027 was $42.5 million, representing an increase of 69% year-over-year as compared to non-GAAP adjusted EBITDA2 of $25.1 million in the fiscal first quarter of 2026.
Non-GAAP free cash flow3 totaled $11.3 million in the fiscal first quarter of 2027.