Digital Turbine (APPS) PT Raised to $8.25 at B.Riley/FBR
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Digital Turbine (APPS) Tops Q2 EPS by 2c, Revenues Beat; Provides Q3 Revenue Outlook
November 4, 2019 5:13 PM ESTDigital Turbine (NASDAQ: APPS) reported Q2 EPS of $0.05, $0.02 better than the analyst estimate of $0.03. Revenue for the quarter came in at $32.8 million versus the consensus estimate of $31.27 million.
Recent Highlights:
Fiscal second quarter revenue was $32.8 million, representing 37% growth when compared to the fiscal second quarter of 2019.GAAP net loss for the fiscal second quarter was $1.3 million, or ($0.02) per share, as compared to GAAP net income of $2.1 million, or $0.03 per share for the fiscal second quarter of 2019. Non-GAAP adjusted net income1 for the fiscal second quarter was $4.1 million, or $0.05 per share,... More