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APPS Digital Turbine News Story

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Digital Turbine Q2 revenue up 18%, beats estimates

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

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$140.40 mln$127.61 mln (2 Analysts)
Q2 Adjusted EPSBeat$0.15$0.05 (2 Analysts)
Q2 EPS-$0.20
Q2 Adjusted Net IncomeBeat$16.50 mln$5.06 mln (2 Analysts)
Q2 Adjusted EBITDABeat$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 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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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