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IronSource Ltd. ( IS , Financial) is a software company that helps mobile app creators monetize their applications.

Since my last article on ironSource was published in April 2022, markets have continued to tumble, with ironSource falling 34% in the past month. ironSource beat their Q1 guidance for both revenue and adjusted EBITDA, with revenues growing an impressive 58% YoY.

IronSource Limited (NYSE:IS ) Q1 2022 Earnings Conference Call May 12, 2022 8:30 AM ET Company Participants Tomer Bar-Zeev – Chief Executive Officer Arnon Harish – President Assaf Ben Ami – Chief Financial Officer Daniel Amir – Vice President and Head of Investor Relations Omer Kaplan – Chief Revenue Officer Conference Call Participants Stephen Ju – Credit Suisse Matthew Cost – Morgan Stanley Tim Nollen – Macquarie Jason Bazinet – Citi Bernie McTernan – Needham & Company Colin Sebastian – Baird Operator Hello, everyone. And welcome to the ironSource Limited Q1 '22 Earnings Conference Call.

IronSource Ltd (NYSE: IS) reported first-quarter FY22 revenue growth of 58% year-on-year to $189.7 million, beating the consensus of $183.6 million. The non-GAAP gross margin contracted 200 bps to 85% as the costs soared 99% Y/Y.

Investors aren't talking about the long-term prospects of these companies, and that's a shame.

ironSource is a software business that offers mobile app developers a suite of software products to help them expand, engage, and monetize their user base. ironSource has grown revenues at a 70% CAGR since 2019 and has demonstrated a consistent "beat-and-raise" approach to issuing guidance, having exceeded all revenue projections since entering the public markets.

ironSource is a highly profitable, best-of-breed growth stock in the App Economy: facilitating the monetization of apps through ads.