Digital Turbine Inc reports results for the quarter ended in December - Earnings Summary

Digital Turbine

08/02/2023 22:03

* Digital Turbine Inc  APPS.OQ  reported quarterly adjusted
earnings of 29 cents​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for earnings of 37 cents per share.
    * Revenue fell 56.8% to $162.31 million from a year ago;
analysts
expected $185.53 million. 
    * Digital Turbine Inc's reported EPS for the quarter was 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Digital Turbine Inc shares had risen by 12.7% this
quarter.
    * The company reported quarterly net income of $4.02
million.
    * Wall Street's median 12-month price target for Digital
Turbine
Inc is $20.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
8 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.37           0.29           Missed
 Sep. 30 2022      0.33           0.34           Beat
 Jun. 30 2022      0.35           0.38           Beat
 Mar. 31 2022      0.39           0.39           Met