Digital Turbine (APPS) Posts Q4 Loss of 9c/Share

Digital Turbine (NASDAQ: APPS) reported Q4 EPS of ($0.09), which may not compare with the analyst estimate of ($0.08). Revenue for the quarter came in at $23 million versus the consensus estimate of $23 million.

on-GAAP adjusted EBITDA loss for the fourth quarter of fiscal 2016 was $1.6 million, as compared to a loss of $2.1 million for the third quarter of fiscal 2016. Please see 'Use of Non-GAAP Measures' at the end of this press release for the definition of adjusted EBITDA. The Company re-evaluated its definition of adjusted EBITDA at the end of the fiscal year ended March 31, 2015 and redefined this non-GAAP measure to exclude any bonus adjustments.

For earnings history and earnings-related data on Digital Turbine (APPS) click here.

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