AUSTIN, Texas, Jan. 23, 2025 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), a global mobile platform company, announced it will host a conference call and webcast to discuss its fiscal 2025 third quarter financial results and operating progress on Wednesday, February 5th, at 4:30pm ET/1:30pm PT. The call, hosted by Digital Turbine's Chief Executive Officer Bill Stone and Chief Financial Officer Barrett Garrison, can be accessed via webcast link: https://app.webinar.net/r46V3JYXmyx. The call can also ...

The Partnership Will Bring DT's Personalized App Recommendations and Seamless Mobile Experiences to Tim UsersAUSTIN, Texas and RIO DE JANEIRO, Jan. 23, 2025 /PRNewswire/ -- TIM Brazil, 5G leader in Brazil, and Digital Turbine, the company that connects the mobile ecosystem through innovative experiences, have announced a strategic partnership to enhance the smartphone experience for millions of TIM customers. This collaboration introduces personalized app recommendations and seamless access to apps and serv ...

Digital Turbine, Inc (NASDAQ: APPS ) had a strong reaction to its earnings this week, which prompted me to take a closer look at the company to see how my picture has changed. AndMy primary area of concentration will be on identifying companies of exceptional caliber, with a proven ability to reinvest capital for impressive returns. Targeting those with a market capitalization of less than $10 billion, affords ample opportunities for growth. The ideal scenario is for these companies to demonstrate a long-te ...

Financial Data and Key Metrics - Revenue for Q2 2025 was $119 million, with EBITDA of $15.3 million, showing modest sequential growth [41] - ODS segment revenue reached $82.4 million, a 2% increase from the previous quarter but down 17% year-over-year [42] - AGP business revenue was $37.3 million, with brand revenues up 26% year-over-year and 13% sequentially [45] - Consolidated gross margin was 45%, down from 46% in Q1 and 47% in the same quarter last year [46] - Non-GAAP adjusted net income was $5 million, or $0.05 per share, compared to $13.9 million, or $0.13 per share, in Q2 2024 [49] - Cash balance at the end of the quarter was $32 million, a decrease of $3 million from the previous quarter [50] Business Line Performance - International ODS revenues improved nearly 25% year-over-year, driven by better RPDs and new supply [15] - SingleTap licensing product continued to grow, expanding relationships with multiple partners [16] - AGP business saw double-digit sequential growth, with year-over-year growth exceeding 25% [18] - DTX revenues on non-gaming applications nearly doubled over the past year [22] - SDK bidding now accounts for approximately 70% of total impressions on the exchange, up from 5% a year ago [29] Market Performance - U.S. device sales declined, with Q2 device volumes experiencing the largest year-on-year percentage decline in the past four quarters [43] - International markets showed growth, particularly in the EU and Latin America, driven by partnerships like ONE Store [11][34] - Regulatory developments in the EU, Japan, Korea, India, and the U.S. are expected to create growth opportunities for alternative app distribution [33][36] Strategic Direction and Industry Competition - The company is focusing on growth and efficiency, with key drivers being expanding device footprint, improving product portfolio, and leveraging first-party data [24][25] - A multiyear agreement with a Tier 1 U.S. operator and the ONE Store partnership are expected to be significant growth catalysts [11][26] - The company is transitioning from waterfall bidding to SDK bidding, with investments in AI, machine learning, and first-party data to drive brand revenues [28][30] - Alternative app distribution is a critical growth initiative, with the launch of DT Hub in the U.S. and plans to expand in the EU and Latin America [34][35] Management Commentary on Operating Environment and Future Outlook - The company expects the trend of declining U.S. device sales to reverse in 2025, driven by new AI features on OEM hardware and the migration from two- to three-year leases [17] - Management emphasized the importance of improving execution to capitalize on the enormous market opportunity in front of the company [12] - The company is optimistic about the future, with a focus on strengthening the financial position, driving top-line and free cash flow growth, and achieving full potential [59] Other Important Information - The company has initiated a transformation program aimed at achieving more than $25 million in annual cost reductions, with $15 million already achieved in the current quarter [10][55] - The company plans to reinvest a portion of the savings into strategic growth areas, such as the alternative app business [55] - The company expects revenue for fiscal year 2025 to be in the range of $475 million to $485 million, with non-GAAP adjusted EBITDA between $65 million and $70 million [57] Q&A Session Question: Phone Activation and Performance Advertising - The company is seeing growth from new international partners but is still facing headwinds from declining U.S. device sales and reduced software updates [62] - Performance DSPs are executing their own supply path optimization strategies, which has impacted the company's performance advertising business [64] Question: RPD and Strategic Alternatives - RPDs improved outside the U.S. but declined slightly in the U.S. due to software update issues [67] - The company's focus is on executing its current strategy rather than exploring strategic alternatives [68]

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 September 30, 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 Organi ...

Second Quarter Revenue Totaled $118.7 MillionSecond Quarter GAAP Net Loss of $25.0 Million, or GAAP EPS of ($0.24); Second Quarter Non-GAAP Adjusted Net Income1 of $5.0 Million and Non-GAAP Adjusted EPS1 of $0.05Second Quarter Non-GAAP Adjusted EBITDA2 Totaled $15.3 MillionAUSTIN, Texas, Nov. 6, 2024 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS) announced financial results for the fiscal second quarter ended September 30, 2024.Recent Financial Highlights: Fiscal second quarter of 2025 revenue totaled ...

Digital Turbine Reports Fiscal 2025 Second Quarter Financial Results Second Quarter Revenue Totaled $118.7 Million Second Quarter GAAP Net Loss of $25.0 Million, or GAAP EPS of ($0.24); Second Quarter Non-GAAP Adjusted Net Income of $5.0 Million and Non-GAAP Adjusted EPS of $0.05 1 1 2 Second Quarter Non-GAAP Adjusted EBITDA Totaled $15.3 Million Austin, TX – November 6, 2024 – Digital Turbine, Inc. (Nasdaq: APPS) announced financial results for the fiscal second quarter ended September 30, 2024. Recent Fin ...

Digital Turbine Will Bring a Suite of Android and iOS App Growth Solutions, Including ONE Store's Market Leading Alternative App Marketplace, to North America, the EU, and LATAM AUSTIN, Texas and SEOUL, South Korea, Oct. 30, 2024 /PRNewswire/ -- Digital Turbine, the global leader in growth solutions for the mobile ecosystem, and ONE Store, the leading alternative app marketplace in South Korea, today announce that Digital Turbine is acquiring ONE Store International, a subsidiary of ONE Store focused on glo ...

AUSTIN, Texas, Oct. 25, 2024 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), a global mobile platform company, announced it will host a conference call and webcast to discuss its fiscal 2025 second quarter financial results and operating progress on Wednesday, November 6th, at 6:00pm ET/1:30pm PT. The call, hosted by Digital Turbine's Chief Executive Officer Bill Stone and Chief Financial Officer Barrett Garrison, can be accessed via webcast link: https://app.webinar.net/pvYVXg0ZeQo. The call can also ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...