Core Points - Digital Turbine, Inc. will host a conference call and webcast to discuss its fourth quarter and fiscal 2024 financial results on May 28, 2024 [1] - The call will be led by CEO Bill Stone and CFO Barrett Garrison, accessible via a provided webcast link and phone numbers [1] - A playback of the call will be available until June 4, 2024, with specific dial-in details for access [2] Company Overview - Digital Turbine empowers mobile consumer experiences for telcos, advertisers, and publishers through its end-to-end platform [3] - The company simplifies the process for partners to enhance awareness, acquisition, and monetization across various devices [3] - Digital Turbine is headquartered in North America and has a global presence with offices worldwide [3]

DT will create Green Media Products using Scope3 data, empowering brands and agencies to run high impact mobile campaigns with a reduced carbon footprint on DT's 100% direct supplyAUSTIN, Texas, April 10, 2024 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), the mobile ad platform that powers smarter advertising, today announced it is partnering with Scope3, the market leader in the mission to systemically decarbonize media and advertising, to create new Digital Turbine Green Mobile Advertising Solutio ...

Loading...Loading...The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here’s the latest ...

ONE Store and HAPPYTUK Collaborate on Platform, Ecosystem, Operations, and Marketing Plans to Launch Local App Market in Taiwan by Year-End, Accelerating Global Market Entry ONE Store Partners with Key Players like Krafton and Digital Turbine for Global Expansion TAIPEI and SEOUL, South Korea, March 21, 2024 /PRNewswire/ -- ONE Store, Korea's second largest app market outperforming global competitors, announced that it has signed a platform and service agreement with HAPPYTUK, Taiwan's largest game publ ...

From Delta Airlines to SHEIN, Papa John's to Aveeno, the "Brands In Games" (B.I.G.) version of the BRAG Index reveals 100+ brands with untapped advertising potential in mobile games.AUSTIN, Texas, Feb. 28, 2024 /PRNewswire/ -- Digital Turbine and Apptopia today announced the launch of the BRAG Index IV, pivoting the Index's scope to focus specifically on the "Brands in Games" (B.I.G.) opportunity. The B.I.G. BRAG Index marks a pivotal moment for brand advertisers seeking to capitalize on the explosive growt ...

Loading...Loading...The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here’s the latest ...

Financial Data and Key Metrics Changes - Total revenue for Q3 2024 was $142.6 million, flat sequentially but down 12% year-on-year [17] - Adjusted EBITDA was $25.4 million, down from $40 million in the prior year [22] - Non-GAAP adjusted net income was $15.7 million or $0.15 per share, compared to $30 million or $0.29 per share in the same quarter last year [23] Business Line Data and Key Metrics Changes - On-device solutions (ODS) segment revenues were $94.3 million, down 2% year-on-year [17] - App growth platform (AGP) revenues were $49.2 million, growing 6.5% sequentially but declining 27% year-on-year [19] - Gross margin for the consolidated business was 45%, down from 50% in the prior year [20] Market Data and Key Metrics Changes - U.S. device sales faced significant headwinds, with a double-digit year-over-year decline noted [28] - Despite challenges, there were signs of improving spend levels from brand advertisers, with over 25% sequential growth in brand business [8] Company Strategy and Development Direction - The company is focusing on modernizing its tech stack, with 40% of the product and tech organization dedicated to future growth initiatives [11] - Expansion of relationships with Motorola and ONE Store aims to enhance device pipeline and revenue opportunities [9][14] - The company is positioning itself as a major player in the alternative app distribution market, leveraging partnerships and technology [15] Management's Comments on Operating Environment and Future Outlook - Management acknowledged persistent headwinds in U.S. device sales but expressed optimism about future improvements based on chipset supplier feedback [28] - The company expects to see material improvements from tech stack modernization over the next 12 months [30] - Future revenue growth is anticipated from new partnerships and successful execution against the pipeline in FY25 [25] Other Important Information - The company has taken equity stakes in ONE Store and Flexion to enhance its alternative app store strategy [14] - The Digital Markets Act (DMA) is expected to launch in early March in the EU, presenting new opportunities for the company [15] Q&A Session Summary Question: Device headwinds and market recovery - Management noted significant declines in U.S. device sales but indicated potential improvements as the year progresses, particularly with new device launches [28] Question: Tech stack implementation timeline - The tech stack modernization is expected to roll out over the next 12 months, with material improvements anticipated in upcoming quarters [30] Question: Economics of the ONE Store partnership - The partnership with ONE Store is seen as a phase one initiative, focusing on user acquisition and in-app advertising, with further strategic developments expected [34] Question: Leadership changes and organizational structure - The company is moving to a GM model for clearer accountability and faster decision-making, with leadership changes aimed at improving execution [39] Question: Revenue growth expectations for FY25 - Management expressed optimism about driving revenue growth in FY25, supported by ongoing initiatives and partnerships [50]

Digital Turbine (APPS) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.67%. A quarter ago, it was expected that this mobile software company would post earnings of $0.15 per share when it actually produced earnings of $0.13, delivering a surprise of -13.33%.Over the last four quar ...

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, 2023 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 (State or Other Jurisdiction of Incorporation or Organization) 110 ...

The partnership will immediately bring DT's SingleTap® capabilities to over 40 million ONE Store enabled devices in Korea with expansion planned into additional markets in the near futureAUSTIN, Texas and SEOUL, South Korea, Feb. 6, 2024 /PRNewswire/ -- ONE Store, Korea's second-largest app market outperforming most global competitors, and Digital Turbine (NASDAQ: APPS), the global leader in growth solutions for the mobile ecosystem, today announced a strategic partnership to elevate the mobile experience i ...