Digital Turbine Reports Fourth Quarter and Fiscal Full Year 2020 Results
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Digital Turbine (APPS) Tops Q4 EPS by 1c, Revenues Beat; Offers 1Q Revenue Guidance Above Consensus
June 2, 2020 4:12 PM EDTDigital Turbine (NASDAQ: APPS) reported Q4 EPS of $0.05, $0.01 better than the analyst estimate of $0.04. Revenue for the quarter came in at $39.4 million versus the consensus estimate of $38.45 million.
Recent Financial Highlights:
Fiscal fourth quarter revenue was $39.4 million, representing 45% growth when compared to the fiscal fourth quarter of 2019. Fiscal year 2020 revenue totaled $138.7 million, up 34% as compared to fiscal year 2019 revenue.GAAP net income for the fiscal fourth quarter was $14.0 million, or $0.16 per share, as compared to a GAAP net loss of $6.8 million, or ($0.09) per share for the fiscal fourth quarter of 2019.... More