Digital Turbine Reports Fiscal 2025 First Quarter Financial Results

Financial Performance - Total revenue for the first quarter of fiscal 2025 was $118.0 million, reflecting a 5% increase quarter-over-quarter but a 19% decline year-over-year [2][5] - GAAP net loss for the first quarter was $25.2 million, or ($0.25) per share, compared to a net loss of $8.4 million, or ($0.08) per share in the same quarter of the previous year [2][5] - Non-GAAP adjusted net income for the first quarter was $7.3 million, or $0.07 per share, down from $18.2 million, or $0.18 per share in the prior year [2][5] EBITDA and Profitability - Non-GAAP adjusted EBITDA for the first quarter totaled $14.5 million, an 18% increase quarter-over-quarter but a 46% decline year-over-year [3][5] - The EBITDA margin increased by 135 basis points sequentially, indicating improved profit margins driven by top-line growth and expense discipline [4] Revenue Segmentation - On Device Solutions revenue was $80.7 million, while App Growth Platform revenue was $38.4 million for the first quarter [5] - The company experienced a 3% sequential growth in On Device Solutions revenue, attributed to new international devices and higher average revenue per device [4] Business Outlook - The company reaffirms its revenue expectations for fiscal year 2025 to be between $540 million and $560 million, with Non-GAAP adjusted EBITDA expected to be between $85 million and $95 million [7]