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

Digital Turbine

09/08/2023 05:50

* Digital Turbine Inc  APPS.OQ  reported quarterly adjusted
earnings of 18 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 13 cents per share.
    * Revenue fell 22.4% to $146.37 million from a year ago;
analysts
expected $142.90 million. 
    * Digital Turbine Inc's reported EPS for the quarter was a
loss
of 8 cents​.
    * The mean earnings estimate of analysts had fallen by
about 48%
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 9.2% this
quarter and
lost 33.5% so far this year.
    * The company reported a quarterly loss of $8.18 million.
    * Wall Street's median 12-month price target for Digital
Turbine
Inc is $11.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 04:50 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.13           0.18           Beat
 Mar. 31 2023      0.18           0.14           Missed
 Dec. 31 2022      0.37           0.29           Missed
 Sep. 30 2022      0.33           0.34           Beat