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.
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MobileX has appointed Mohammed Malique, co-founder and former General Counsel at Lycamobile, as Group Lead for the UK and EU, signaling its expansion into international markets. His role will center on developing strategic initiatives to enhance MobileX's offerings while reducing customer costs, particularly by eliminating international roaming fees. With over 20 years of experience in the mobile sector and a background in telecommunications law, Malique is expected to drive revenue growth and navigate regulatory challenges. Founded by Peter Adderton, MobileX aims to provide customizable mobile services that leverage AI to optimize data usage and reduce costs for consumers. The company's unique, app-based approach is designed for significant cost savings while ensuring reliable service.
Digital Turbine (NASDAQ: APPS) has released findings from a report by Amplified Intelligence, emphasizing its mobile video ads' effectiveness in the gaming sector. The research indicates that Digital Turbine ads capture user attention for an average of 22 seconds, significantly outperforming mobile web video ads (1.6 seconds) and social video ads (2.5 seconds). The ads include interactive end-cards that drive user engagement. Digital Turbine's Short Term Advertising Strength (STAS) index scored 160, indicating above-average brand recall. The study involved various brands over a two-week period in June 2022, showcasing the potential of mobile gaming ads for brand growth.
Digital Turbine (NASDAQ: APPS) and Flexion have formed a strategic partnership aimed at enhancing revenue opportunities for mobile game developers. This collaboration allows developers to easily onboard their games to Digital Turbine's DT Hub with minimal technical effort, expanding their reach beyond traditional app stores. The partnership also leverages Digital Turbine's expertise in user acquisition and monetization, providing developers access to alternative app distribution channels without upfront costs. This initiative reflects a growing trend of telecom platforms re-engaging in content distribution.
Digital Turbine (Nasdaq: APPS) has launched GamesHub in partnership with UScellular, aiming to enhance app discovery for mobile gaming. This initiative is part of Digital Turbine's DT Hub, designed to engage users and offer app developers expanded opportunities. GamesHub features a curated collection of premium games from top publishers, simplifying access for subscribers and promoting in-app purchases through personalized experiences and regular content updates. The collaboration represents a strategic move to leverage Digital Turbine's expertise in app distribution, driving revenue growth and user engagement in the mobile app ecosystem.
The BRAG Brand Insights report, released by Digital Turbine and Apptopia, provides essential data on consumer sentiment toward mobile apps in five key categories: streaming video, streaming audio, shopping, social media, and travel. The report identifies leading apps in terms of Brand Love, Brand Power, and Love Compass. Key findings highlight Netflix, Amazon Music, and Marriott Bonvoy as top contenders for consumer affection. The BRAG Index, initiated in 2020, aims to correlate brand strength with mobile growth potential. A survey conducted among 1,000+ US consumers further informs these insights.
Digital Turbine (Nasdaq: APPS) announced its CEO, Bill Stone, will participate in a fireside chat on March 14, 2023, starting at 3:00 PM ET. The chat will be available via a live webcast on the company’s investor relations website. Additionally, Mr. Stone will conduct one-on-one and small group meetings on March 13 and 14 during the 35th Annual Roth Conference. Digital Turbine powers mobile experiences for leading telcos, advertisers, and publishers, enhancing consumer awareness and monetization.