Overview
Digital Turbine fiscal Q2 2026 rev grows 18% yr/yr, beating analyst expectations
Adjusted EPS for fiscal Q2 2026 beats consensus, reflecting strong operational performance
Company completes $430 mln debt refinancing with new term loan credit facility
Outlook
Company raises fiscal 2026 revenue guidance to between $540 mln and $550 mln
Digital Turbine expects fiscal 2026 non-GAAP adjusted EBITDA of $100 mln to $105 mln
Result Drivers
PLATFORM DEMAND - CEO Bill Stone attributes strong Q2 results to high demand for Digital Turbine's platform
SEGMENT GROWTH - On Device Solutions and App Growth Platform segments contributed to revenue growth
DEBT REFINANCING - Successful completion of $430 mln debt refinancing via new term loan credit facility
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$140.40 mln
$127.61 mln (2 Analysts)
Q2 Adjusted EPS
Beat
$0.15
$0.05 (2 Analysts)
Q2 EPS
-$0.20
Q2 Adjusted Net Income
Beat
$16.50 mln
$5.06 mln (2 Analysts)
Q2 Adjusted EBITDA
Beat
$27.20 mln
$19.06 mln (2 Analysts)
Q2 Adjusted Free Cash Flow
$7 mln
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 $6.75, about 6.5% above its November 3 closing price of $6.31
Press Release: ID:nPn7CJPgLa
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(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.)