Digital Turbine (APPS) Scheduled to Post Quarterly Earnings on Wednesday

Digital Turbine (NASDAQ:APPS) will be issuing its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.03 per share for the quarter. Digital Turbine has set its FY 2025 guidance at EPS.Investors interested in listening to the company’s conference call can do so using this link.

Digital Turbine (NASDAQ:APPS) last posted its quarterly earnings results on Wednesday, August 7th. The software maker reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.06. The business had revenue of $117.99 million during the quarter, compared to analysts’ expectations of $115.23 million. Digital Turbine had a negative net margin of 84.71% and a positive return on equity of 5.37%. The business’s revenue for the quarter was down 19.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.08 EPS. On average, analysts expect Digital Turbine to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Digital Turbine Stock Up 5.7 %

APPS stock opened at $3.70 on Wednesday. Digital Turbine has a one year low of $1.39 and a one year high of $7.32. The firm has a market cap of $379.28 million, a PE ratio of -0.89, a PEG ratio of 10.17 and a beta of 2.61. The firm’s 50 day moving average price is $3.13 and its 200-day moving average price is $2.44. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.05 and a current ratio of 1.05.

Digital Turbine Company Profile

Digital Turbine, Inc, through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). The company operates through two segments, On Device Solutions and App Growth Platform. Its application media platform delivers mobile applications to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, sports, and other content, as well as programmatic advertising and media content delivery services, and sponsored and editorial content media.