Disney reported adjusted earnings of $1.03 a share, versus the 95 cents expected by analysts, per Refinitiv. Wynn Resorts reported adjusted earnings of 91 cents per share on revenue of $1.6 billion. AppLovin — AppLovin shares surged 22% on strong second-quarter results and optimistic third-quarter revenue guidance. The game developer said it expects $780 million to $800 million in revenue for the third quarter, ahead of the $741 million expected by analysts. The company expects full-year revenue to rise 1% year over year, versus the 7.1% uptick analysts expected, per Refinitiv.

Source: The North Africa Journal August 09, 2023 22:06 UTC