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

Digital Turbine

08/08/2022 23:05

* Digital Turbine Inc  APPS.OQ  reported quarterly adjusted
earnings of 38 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of 35 cents per share.
    * Revenue fell 11.3% to $188.63 million from a year ago;
analysts
expected $184.84 million. 
    * Digital Turbine Inc's reported EPS for the quarter was 15
cents​.
    * The mean earnings estimate of analysts had fallen by
about 20.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Digital Turbine Inc shares had risen by 31.0% this
quarter and
lost 62.5% so far this year.
    * The company reported quarterly net income of $14.92
million.
    * Wall Street's median 12-month price target for Digital
Turbine
Inc is $32.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 8
at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.35           0.38           Beat
 Mar. 31 2022      0.39           0.39           Met
 Dec. 31 2021      0.43           0.49           Beat
 Sep. 30 2021      0.39           0.44           Beat