Digital Turbine Announces Successful Completion of Debt Refinancing and Updates Annual Guidance

Core Insights - Digital Turbine, Inc. has secured a new four-year $430 million term loan credit facility, which supports the company's growth momentum and fiscal outlook [1][2][3] - The refinancing allows the company to fully repay its prior credit facility, extending its debt maturity and enabling the execution of strategic initiatives [2][3] - The company has raised its fiscal year 2026 revenue guidance to a range of $530 million to $535 million, and Non-GAAP adjusted EBITDA guidance to $92 million to $95 million, reflecting strong first-quarter performance [3][4] Financial Performance - The updated fiscal year 2026 guidance includes revenue expectations of $530 million to $535 million, an increase from the previous lower end of $525 million [4] - Non-GAAP adjusted EBITDA guidance has been raised to $92 million to $95 million, up from the previous range of $90 million to $95 million [4] Strategic Initiatives - The new credit facility provides a multi-year runway for Digital Turbine to focus on innovation, operational efficiencies, and delivering premium mobile experiences [2][3] - The company aims to continue executing its business strategy with discipline, leveraging improved execution and a return to growth performance [3]