Digital Turbine (APPS) to Release Earnings on Wednesday

Digital Turbine (NASDAQ:APPS) will post its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Digital Turbine to post earnings of $0.03 per share for the quarter. Digital Turbine has set its FY 2025 guidance at EPS.Parties interested in registering for the company’s conference call can do so using this link.

Digital Turbine (NASDAQ:APPS) last released its quarterly earnings results on Wednesday, August 7th. The software maker reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.06. The company had revenue of $117.99 million during the quarter, compared to the consensus estimate of $115.23 million. Digital Turbine had a positive return on equity of 5.37% and a negative net margin of 84.71%. The firm’s revenue was down 19.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.08 EPS. On average, analysts expect Digital Turbine to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Digital Turbine Stock Performance

Digital Turbine stock traded up $0.04 during trading hours on Tuesday, reaching $3.15. 386,699 shares of the company were exchanged, compared to its average volume of 2,831,541. The stock has a 50-day moving average of $3.08 and a 200 day moving average of $2.49. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 2.01. Digital Turbine has a 12 month low of $1.39 and a 12 month high of $7.32. The firm has a market cap of $323.74 million, a price-to-earnings ratio of -0.73, a PEG ratio of 9.77 and a beta of 2.59.

Digital Turbine Company Profile

Digital Turbine, Inc, through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). The company operates through two segments, On Device Solutions and App Growth Platform. Its application media platform delivers mobile applications to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, sports, and other content, as well as programmatic advertising and media content delivery services, and sponsored and editorial content media.