Key takeaways
- Liftoff's core advertising revenue jumped 33% year over year to $237 million in the third quarter.
- All told, Liftoff's net income improved to $87 million, or $0.47 per share, from a loss of $6 million in the year-ago quarter.
- Trailing 12-month operating and free cash flow climbed 107% and 158%, respectively, to $303 million and $249 million.
Liftoff Mobile is growing quickly and gushing cash. The in-app ad market is set to exceed $130 billion by the end of the decade.
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