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Digital Turbine Reports Fiscal 2025 Third Quarter Financial Results
Digital TurbineDigital Turbine(US:APPS) Prnewswireยท2025-02-05 21:05

Core Insights - Digital Turbine, Inc. reported a total revenue of $134.6 million for the fiscal third quarter of 2025, reflecting a 13% increase quarter-over-quarter but a 6% decline year-over-year [4][8] - The company experienced a GAAP net loss of $23.1 million, or ($0.22) per share, compared to a net loss of $14.1 million, or ($0.14) per share in the same quarter of the previous year [4][8] - Non-GAAP adjusted net income for the quarter was $13.7 million, or $0.13 per share, down from $15.6 million, or $0.15 per share in the prior year [5][8] - Non-GAAP adjusted EBITDA was reported at $22.0 million, showing a 44% increase quarter-over-quarter but a 13% decline year-over-year [5][8] Financial Performance - Total revenue for the third quarter of fiscal 2025 was $134.6 million, with On Device Solutions revenue at $91.7 million and App Growth Platform revenue at $44.2 million [4][8] - The GAAP net loss for the third quarter was $23.1 million, compared to a loss of $14.1 million in the same quarter of fiscal 2024 [4][8] - Non-GAAP adjusted net income decreased to $13.7 million from $15.6 million year-over-year [5][8] - Non-GAAP adjusted EBITDA for the quarter was $22.0 million, down from $25.4 million in the previous year [5][8] Business Outlook - The company is raising its fiscal 2025 outlook, anticipating year-over-year revenue growth in the March quarter and more significant growth in EBITDA [3][6] - The guidance for fiscal year 2025 expects total revenue between $485 million and $490 million, with Non-GAAP adjusted EBITDA projected between $69 million and $71 million [9]