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Digital Turbine Reports Fiscal 2025 Second Quarter Financial Results
Digital TurbineDigital Turbine(US:APPS) Prnewswireยท2024-11-06 22:20

Financial Performance - Total revenue for the fiscal second quarter of 2025 was $118.7 million, reflecting a 1% increase quarter-over-quarter but a 17% decline year-over-year [2][4] - GAAP net loss for the fiscal second quarter of 2025 was $25.0 million, or ($0.24) per share, compared to a net loss of $161.5 million, or ($1.61) per share in the same quarter of the previous year [2][4] - Non-GAAP adjusted net income for the fiscal second quarter of 2025 was $5.0 million, or $0.05 per share, down from $13.9 million, or $0.13 per share in the fiscal second quarter of 2024 [2][5] - Non-GAAP adjusted EBITDA for the fiscal second quarter of 2025 was $15.3 million, a 6% increase quarter-over-quarter but a 45% decline year-over-year [2][5] Strategic Initiatives - The company has initiated a transformation program aimed at enhancing efficiency and cash flow generation, targeting over $25 million in annual cash expense savings [2][3] - The acquisition of ONE Store International was announced to create a competitive alternative app ecosystem, providing greater value to app developers, consumers, and mobile operators [2] Business Outlook - For fiscal year 2025, the company expects revenue to be between $475 million and $485 million and non-GAAP adjusted EBITDA to be between $65 million and $70 million [6]