Digital Turbine Inc Stock Price, News & Analysis

Digital Turbine, Inc. (Nasdaq: APPS) has announced an expanded partnership with Telefónica, enhancing its presence in European and Latin American markets. This strategic agreement introduces new products like Wizard, Notifications, and SingleTap™, aiming to optimize app recommendations for Telefónica's subscribers. The integration of Digital Turbine's Ignite On-Device Platform is already in progress, with Movistar Chile set to launch in Q4 2021. This collaboration leverages Digital Turbine's existing platform, trusted by over 40 operators and integrated into more than 750 million devices worldwide.

Digital Turbine (Nasdaq: APPS) reported fiscal Q2 2022 revenue of $310.2 million, a 338% increase year-over-year, and a 63% increase on a pro forma basis. GAAP net loss was $5.9 million or ($0.06) per share, compared to a net income of $0.4 million in 2021. Non-GAAP adjusted net income rose to $45.3 million or $0.44 per share from $14.5 million a year prior. The company anticipates Q3 revenue between $350 million and $355 million. CEO Bill Stone emphasized strong demand and operational efficiencies amid strategic market positioning.

Digital Turbine (Nasdaq: APPS), a leading mobile platform company, will host a Virtual Analyst Day on November 11, 2021, starting at noon ET. The event will feature senior management presentations covering the company's vision, market opportunities, growth strategies, and product innovations. Attendees will witness product demonstrations and a panel discussion with partners and customers. Those interested can register here. A replay will be available post-event on the company’s Investor Relations webpage.

Digital Turbine, Inc. (Nasdaq: APPS) announced a conference call on November 2, 2021, at 4:30 PM ET to discuss its fiscal 2022 second-quarter financial results. Hosted by CEO Bill Stone and CFO Barrett Garrison, the call will be accessible via phone and webcast. For those unable to attend, a playback will be available until November 9, 2021. Digital Turbine is a leading mobile growth platform, enhancing advertising and monetization integration through proprietary technology.

Digital Turbine, Inc. (Nasdaq: APPS) will have CEO Bill Stone present at the 2021 Jefferies Virtual Software Conference on September 15th, 2021, starting at 2:00 PM PT / 5:00 PM ET. The event will feature a live webcast accessible via the company's investor relations website. Alongside Stone, CFO Barrett Garrison will engage in one-on-one and small group investor meetings during the conference. Digital Turbine is recognized as a leading independent mobile growth platform, enhancing advertising and monetization strategies across various sectors.

Digital Turbine (Nasdaq: APPS) reported fiscal Q1 2022 revenue of $212.6 million, up 104% year-over-year on a pro forma basis, totaling $292.0 million when including full contributions from acquisitions of AdColony and Fyber. GAAP net income stood at $14.3 million ($0.14/share), compared to $9.9 million ($0.11/share) in Q1 2021. Non-GAAP adjusted net income increased to $33.4 million ($0.34/share). The company expects Q2 2022 revenue between $300 million and $306 million with strong growth in On-Device and In-App Media revenue.

Digital Turbine (Nasdaq: APPS) announced Fyber's preliminary financial results for the first half of 2021, reporting approximately €180 million in total revenue for the six months ending June 30, 2021. Following the acquisition of Fyber on May 25, 2021, Digital Turbine will begin consolidating Fyber's financials. The complete consolidated results will be revealed during a conference call on August 9, 2021. Investors are cautioned that the preliminary results are unaudited and subject to material adjustments.

Digital Turbine, Inc. (Nasdaq: APPS) will participate in two virtual investor conferences on August 11 and 12, 2021. CEO Bill Stone will present at both events: the Oppenheimer 24th Annual Technology, Internet & Communications Conference at 5:15am PT on August 11, and the Canaccord Genuity 41st Annual Growth Conference at 11:00am PT on August 12. Live webcasts of both presentations will be available on Digital Turbine's investor relations website, along with one-on-one meetings hosted by Stone and CFO Barrett Garrison.

Digital Turbine (Nasdaq: APPS) has expanded its app distribution partnership with TikTok to include mobile device preload inventory in North America. This builds on their previous collaboration in Latin America. TikTok will utilize Digital Turbine's platform for managing mobile preloads, enhancing efficiency and growth. Digital Turbine, a leading on-device media platform, partners with major US carriers like Verizon and AT&T, positioning itself to drive significant distribution capabilities for TikTok.