Welcome to our dedicated page for Digital Turbine news (Ticker: APPS), a resource for investors and traders seeking the latest updates and insights on Digital Turbine stock.
Digital Turbine, Inc. (NASDAQ: APPS) is a global mobile platform company that regularly issues news and updates related to its financial performance, partnerships, and industry activities. This APPS news page aggregates company announcements so readers can follow how Digital Turbine describes the evolution of its mobile platform, relationships with operators, advertisers, publishers, and app developers, and its broader role in the mobile ecosystem.
Digital Turbine frequently releases earnings announcements detailing quarterly and annual financial results, including revenue by segment for On Device Solutions and the App Growth Platform, GAAP results, and non-GAAP measures such as adjusted net income, adjusted EBITDA, free cash flow, and gross profit. These releases often include commentary from management about business momentum, demand for the platform, and updates to the company’s financial outlook.
Investors can also find capital markets and financing news, such as information about term loan credit facilities, warrant issuances, and at-the-market equity offering programs, as well as announcements about debt refinancing and updated annual guidance ranges. Such items are typically coordinated with related SEC filings.
Digital Turbine’s news flow includes strategic and ecosystem developments, for example membership in The Coalition for a Competitive Mobile Experience and partnerships with device brands like Alcatel in India to integrate its technologies into smartphones. These announcements illustrate how the company positions its platform within the mobile app distribution and monetization landscape.
The company also publishes notices of conference calls, webcasts, and investor conference participation, providing details on how to access live and archived presentations. Readers who follow APPS news can use these updates to track the company’s own narrative about its strategy, risk factors, and operational focus over time.
Digital Turbine, Inc. (Nasdaq: APPS) reported strong financial results for the fiscal third quarter of 2021, with total revenue at $88.6 million, a 146% increase from the previous year. Application Media revenue rose 58% to $56.9 million, while Content Media revenue reached $31.7 million. GAAP net income was $14.5 million ($0.15/share), up from $3.3 million in Q3 2020. Non-GAAP adjusted net income surged 278% to $20.0 million ($0.21/share). The company also entered a new $100 million credit facility to enhance growth. Full-year revenue guidance is set between $298 million and $300 million.
Digital Turbine, Inc. (Nasdaq: APPS) will host a conference call on February 3, 2021, at 4:30 PM ET to discuss its fiscal 2021 third quarter financial results. The call will feature CEO Bill Stone and CFO Barrett Garrison. Interested parties can join by dialing 855-238-2713 in the U.S. or 412-542-4111 internationally. A live webcast will also be available on their website.
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Digital Turbine, Inc. (Nasdaq: APPS) reported a strong fiscal second quarter for 2021, with revenue of $70.9 million, marking a 116% increase year-over-year. Application Media revenue rose 50% to $49.1 million, while Content Media revenue reached $21.8 million. The company achieved GAAP net income of $0.4 million or $0.00 per share, recovering from a loss of $1.3 million last year. Non-GAAP adjusted net income was $14.5 million, 265% higher than the previous year. Looking ahead, revenue guidance for Q3 is projected between $72 million and $75 million.
Digital Turbine, Inc. (Nasdaq: APPS) has announced a conference call on October 29 at 4:30 PM ET to discuss its fiscal 2021 second quarter financial results. The call will be led by CEO Bill Stone and CFO Barrett Garrison. Interested participants can join the call by dialing 855-238-2713 in the U.S. or 412-542-4111 internationally. A webcast will also be available on Digital Turbine's Investor Relations page, with a replay option until November 5.
Digital Turbine reported strong financial results for the fiscal first quarter ended June 30, 2020. Revenue reached $59.0 million, a remarkable 93% year-over-year growth, with GAAP net income of $9.9 million ($0.11/share), improving from a loss of $1.7 million in the prior year. Non-GAAP adjusted net income was $12.5 million ($0.13/share), up from $4.2 million ($0.05/share). Adjusted EBITDA surged 235% to $14.1 million. The company anticipates second-quarter revenues between $59 million and $61 million.
Digital Turbine (Nasdaq: APPS) announced a conference call on August 5, 2020, at 4:30 PM ET to discuss its fiscal 2021 first quarter financial results and operational progress. The call will be led by CEO Bill Stone and CFO Barrett Garrison, with access via phone or webcast. A playback will be available until August 12, 2020. Digital Turbine specializes in mobile content discovery and has partnered with over 40 mobile operators globally, achieving more than three billion app preloads to date.