Core Viewpoint - Digital Turbine's stock experienced a significant decline of 31.7% from the previous week's close, driven by sell-offs and concerning demand indicators in the market [1][2]. Company Performance - Digital Turbine reported a 6% year-over-year decline in sales, totaling $135 million, but initially saw a stock price increase due to beating expectations and positive management guidance [4]. - Despite the recent downturn, Digital Turbine's stock is still up approximately 96% over the last month, indicating volatility in trading as the company works on a turnaround initiative [6]. Industry Context - Baidu's Q4 report indicated a 7% year-over-year decline in total sales for its digital marketing businesses, raising concerns about the overall health of the industry, which negatively impacted Digital Turbine's stock [3][4]. - Macroeconomic factors, including weaker-than-expected sales guidance from Walmart and declining U.S. consumer confidence, contributed to the sell-offs in Digital Turbine's stock [5].

Core Viewpoint - Digital Turbine's stock is experiencing significant sell-offs due to concerns stemming from Baidu's recent quarterly report, which indicated weakness in the digital advertising sector [1][2]. Company Performance - Digital Turbine's share price fell by 17.7% during trading, reflecting investor reactions to Baidu's results [1]. - The company reported a 6% year-over-year decline in revenue for its third quarter, amounting to $135 million, although this performance exceeded market expectations [4]. - Despite the recent decline, Digital Turbine's share price has increased by 152% over the past month, indicating prior strong performance [5]. Industry Context - Baidu reported a 7% year-over-year decline in its online marketing businesses for the fourth quarter, suggesting ongoing challenges in the digital advertising industry [3]. - As a significant player in the digital advertising space, Baidu's performance is seen as a bellwether for other companies, including Digital Turbine, which has substantial exposure to the Chinese market [2][5]. - The recent results from Baidu may indicate potential headwinds for Digital Turbine's business, raising concerns about future performance in the Asia Pacific and China segments [5].

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Digital Turbine (APPS) - Digital Turbine currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [2][3] - The stock has seen significant price increases, with shares up 87.02% over the past week and 230.96% over the past month, compared to the Zacks Internet - Software industry's flat performance of 0% and 4.5% respectively [5] - Over the past quarter, shares have increased by 343.54%, and by 84.7% over the last year, while the S&P 500 has only moved 2.43% and 24.91% respectively [6] Trading Volume - The average 20-day trading volume for Digital Turbine is 11,876,224 shares, which is a useful indicator for assessing price movements and market interest [7] Earnings Outlook - In the past two months, one earnings estimate for Digital Turbine has increased, raising the consensus estimate from $0.20 to $0.30, with no downward revisions during the same period [9] - For the next fiscal year, one estimate has also moved upwards, indicating positive sentiment regarding future earnings [9] Conclusion - Given the strong performance metrics and positive earnings outlook, Digital Turbine is positioned as a promising momentum pick for investors [11]

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Digital Turbine (APPS) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.Digital Turbine is a member of the Computer and Technology sector. This group includes 607 individual stocks and currently holds a Zacks Sect ...

Core Viewpoint - Digital Turbine's stock surged by 82% following the release of its fiscal Q3 2025 financial results, despite reporting a revenue decline and a larger net loss compared to the previous year [1][2]. Financial Performance - The company reported quarterly revenue of $135 million, which represents a 6% decrease year over year [2]. - Digital Turbine incurred a net loss of $23 million, larger than the $14 million loss from the same period last year [2]. - Management anticipates Q4 revenue to be around $115 million, indicating growth compared to the same quarter of fiscal 2024 [3]. Market Context - The stock had previously fallen to a valuation of less than 1 times its sales, leading investors to believe the company was in a downward spiral [4]. - The recent positive outlook for Q4 has prompted investors to reassess their assumptions about the company's growth potential [4]. Business Model and Challenges - Digital Turbine's software is pre-installed on mobile devices from select telecom companies, creating advertising opportunities [3]. - The company faces challenges due to its reliance on a limited number of telecom partnerships and the lower advertising revenue potential in international markets compared to the U.S. [5].

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...

Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $135 million, representing a 13% sequential increase and a 3% decrease year-over-year [10][39] - Adjusted EBITDA was $22 million, with a projected nearly 50% growth in EBITDA for the March quarter [10][11] - Non-GAAP EPS was $0.13, down from $0.15 in the same quarter last year [49] - Gross margin for Q3 was 44%, down from 45% in Q2 and 46% in Q3 of the prior year [42] Business Line Data and Key Metrics Changes - On-Device Solutions (ODS) segment revenues reached $92 million, an 11% sequential increase but down 3% year-over-year [12][39] - Revenue per device (RPD) reached record levels in both the US and international markets, driven by strong advertiser demand [40] - Advertising Growth Platform (AGP) revenues were $44 million, with a 17% sequential growth and a 34% year-over-year growth in brand spending [14][41] Market Data and Key Metrics Changes - International ODS revenues increased by 100% year-over-year, indicating strong advertiser demand and improved execution [13] - The company is expanding its global device relationships despite soft device sales in the US, with partnerships including Motorola, Nokia, and T-Mobile [22] Company Strategy and Development Direction - The company is focused on growth and efficiency, targeting more than $25 million in annual operating expense savings [20][48] - Investments in brand relationships and first-party data are seen as key differentiators in a competitive market [15][19] - The transition from waterfall bidding to SDK bidding is a strategic move to improve performance advertising [16][24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's transformation and growth strategy, highlighting the importance of leveraging first-party data [31][68] - The upcoming Digital Markets Act in Europe is anticipated to create new opportunities for the company [61] - The company expects revenue for fiscal year 2025 to be in the range of $485 million to $490 million, with projected non-GAAP adjusted EBITDA between $69 million and $71 million [52] Other Important Information - The company announced a leadership transition with Steve Lasher joining as the new CFO [7][33] - Cash balance at the end of the quarter was $34.6 million, with free cash flow of $6.4 million [50] Q&A Session Summary Question: What has changed for big brand names to return to Digital Turbine for advertising? - Management attributed the return to hard work and relationship building, emphasizing the importance of trust with brands [57][58] Question: Are other large publishers preparing to launch their own app stores? - Management noted increased awareness and interest from major players like Epic and Microsoft, with potential for more aggressive moves in 2025 [60][61] Question: What are the key dynamics for 2025 compared to this year? - Management highlighted the importance of leveraging first-party data and expanding device relationships as key growth drivers for the upcoming year [67][70]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-35958 DIGITAL TURBINE, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 22-2267658 (State or Other Jurisdiction of Incorporation or Organiz ...

Digital Turbine Reports Fiscal 2025 Third Quarter Financial Results Third Quarter Revenue Totaled $134.6 Million Third Quarter GAAP Net Loss of $23.1 Million, or GAAP EPS of ($0.22); Third Quarter Non-GAAP Adjusted Net Income of $13.7 Million and Non-GAAP Adjusted EPS of $0.13 1 1 Third Quarter Non-GAAP Adjusted EBITDA Totaled $22.0 Million 2 Austin, TX – February 5, 2025 – Digital Turbine, Inc. (Nasdaq: APPS) announced financial results for the fiscal third quarter ended December 31, 2024. Recent Financial ...

Third Quarter Revenue Totaled $134.6 MillionThird Quarter GAAP Net Loss of $23.1 Million, or GAAP EPS of ($0.22); Third Quarter Non-GAAP Adjusted Net Income1 of $13.7 Million and Non-GAAP Adjusted EPS1 of $0.13Third Quarter Non-GAAP Adjusted EBITDA2 Totaled $22.0 MillionAUSTIN, Texas, Feb. 5, 2025 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS) announced financial results for the fiscal third quarter ended December 31, 2024.Recent Financial Highlights: Fiscal third quarter of 2025 revenue totaled $134. ...