Digital Turbine Reports Fiscal 2024 Third Quarter Financial Results

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Digital Turbine stock crashes 15% on weaker Q4 results and disappointing 2024 guidance

February 8, 2024 8:01 AM EST

Digital Turbine (NASDAQ: APPS) shares crashed over 17% in premarket trading Thursday after the company reported weaker-than-expected fiscal Q3 results and released a downbeat full-year revenue guidance.

In FQ3, its earnings per share (EPS) came in at $0.15, falling short of the consensus estimate of $0.17. The company's revenue was $142.63 million, also below... More