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APP’s strategic acquisitions of app measurement leader Adjust and top grossing games that include West Game and Cash Tornado Slots, as well as the company’s solid mobile app ecosystem, position APP for long-term growth. However, the company’s revenues have not yet been translated into profits. Moreover, it has generated substantial losses in the first quarter of 2021.
Since it is still unclear whether the company can deliver sustainable earnings and revenue growth, the stock’s near-term prospects look uncertain.
