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

Digital Turbine

09/11/2022 22:02

* Digital Turbine Inc  APPS.OQ  reported quarterly adjusted
earnings of 34 cents​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of 33 cents per share.
    * Revenue fell 43.6% to $174.86 million from a year ago;
analysts
expected $175.02 million. 
    * Digital Turbine Inc's reported EPS for the quarter was 11
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
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 fallen by 20.0% this
quarter and
lost 81.1% so far this year.
    * The company reported quarterly net income of $11.66
million.
    * Wall Street's median 12-month price target for Digital
Turbine
Inc is $21.90 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
9 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.43           0.49           Beat