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Digital Turbine Reports Fiscal Third Quarter 2016 Financial Results

February 9, 2016 4:06 PM EST

AUSTIN, Texas, Feb. 9, 2016 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), the Company empowering operators and Original Equipment Manufacturers (OEMs) around the globe with end-to-end mobile solutions, announced financial results for the fiscal 2016 third quarter ended December 31, 2015. 

Recent Highlights:

Third quarter fiscal 2016 GAAP revenue of $24.1 million, excluding a one-time net adjustment to revenue of approximately $500,000, would have been $24.61 million Revenue growth of 16% reflects increased DT Media revenue contribution as DT Ignite grew 71% sequentially through accelerating market adoption and increased advertising inventory across US distribution partners... More