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

Digital Turbine

24/05/2023 22:39

* Digital Turbine Inc  APPS.OQ  reported quarterly adjusted
earnings of 14 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 18 cents per share.
    * Revenue fell 23.9% to $140.12 million from a year ago;
analysts
expected $138.66 million. 
    * Digital Turbine Inc's reported EPS for the quarter was a
loss
of 14 cents​.
    * The mean earnings estimate of analysts was unchanged 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 16.1% this
quarter and
lost 5.8% so far this year.
    * The company reported a quarterly loss of $13.93 million.
    * Wall Street's median 12-month price target for Digital
Turbine
Inc is $13.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
24 at 09:39 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.18           0.14           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