IS Stock Recent News

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.