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APPS Digital Turbine News Story

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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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