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APPS Digital Turbine News Story

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Brief: Digital Turbine Q1 Adjusted EPS USD 0.05

Overview

Software firm Digital Turbine fiscal Q1 2026 rev grows 11% yr/yr, beating analyst expectations

Adjusted EBITDA for fiscal Q1 rises 73% yr/yr, beating analyst estimates

Adjusted EPS for fiscal Q1 misses analyst expectations, per LSEG data

Outlook

Company raises fiscal 2026 revenue forecast to $525 mln-$535 mln

Digital Turbine expects fiscal 2026 non-GAAP adjusted EBITDA of $90 mln-$95 mln

Company cites strong demand for Ignite platform as a growth driver

Digital Turbine optimistic about leveraging first-party datasets for AI/ML

Result Drivers

IGNITE PLATFORM - Strong demand for the Ignite platform contributed to double-digit revenue growth, per CEO Bill Stone

DEVICE SALES - Modestly improved device sales supported revenue increase, according to CEO Bill Stone

SOLID EXECUTION - CEO Bill Stone attributes improved results to solid execution across the organization

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 RevenueBeat$130.90 mln$121.90 mln (2 Analysts)
Q1 Adjusted EPSMiss$0.05$0.08 (2 Analysts)
Q1 EPS-$0.13
Q1 Adjusted Net IncomeMiss$5.80 mln$8.59 mln (2 Analysts)
Q1 Adjusted EBITDABeat$25.10 mln$21.10 mln (2 Analysts)
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell" The average consensus recommendation for the software peer group is "buy." Wall Street's median 12-month price target for Digital Turbine Inc is $5.75, about 1% above its August 4 closing price of $5.69 Press Release: ID:nPn6zDSKba (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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