Digital Turbine Q4 revenue rises on app growth platform strength
Digital Turbine Q4 revenue rises on app growth platform strength
Overview
Mobile ad platform's fiscal Q4 revenue rose 20% yr/yr
Adjusted EPS for fiscal Q4 increased to $0.16 from $0.10 last year
Company says results driven by improved use of first-party data and AI tools
Outlook
Digital Turbine sees fiscal 2027 revenue between $630 mln and $650 mln
Company expects fiscal 2027 non-GAAP adjusted EBITDA of $135 mln to $145 mln
Result Drivers
APP GROWTH PLATFORM - App Growth Platform revenue rose 57% yr/yr, outpacing On Device Solutions, which grew 5%
AI AND DATA UTILIZATION - Co said improved use of first-party data and AI tools drove better results for advertisers and partners
Company press release: ID:nPn3sDJPja
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $142.50 mln | $133.23 mln (2 Analysts) |
Q4 Adjusted EPS | Beat | $0.16 | $0.09 (2 Analysts) |
Q4 EPS |
| -$0.06 |
|
Q4 Adjusted Net Income | Beat | $19.70 mln | $10.11 mln (2 Analysts) |
Q4 Adjusted EBITDA | Beat | $31.40 mln | $25.14 mln (2 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Digital Turbine Inc is $8.75, about 92.3% above its May 22 closing price of $4.55
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 9 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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Digital Turbine Inc reports results for the quarter ended March 31 - Earnings Summary
Digital Turbine Q4 revenue rises on app growth platform strength
Brief: Digital Turbine Q4 Adjusted EPS USD 0.16