Digital Turbine(US:APPS) Prnewswireยท2025-11-04 21:05Core Insights - Digital Turbine, Inc. reported a total revenue of $140.4 million for the second quarter of fiscal 2026, reflecting an 18% year-over-year growth compared to $118.7 million in the same quarter of fiscal 2025 [4][8] - The company experienced a GAAP net loss of $21.4 million, or ($0.20) per share, which is an improvement from a net loss of $25.0 million, or ($0.24) per share, in the second quarter of fiscal 2025 [5][8] - Non-GAAP adjusted net income for the second quarter of fiscal 2026 was $16.5 million, or $0.15 per share, compared to $5.5 million, or $0.05 per share, in the prior year [5][8] - Non-GAAP adjusted EBITDA reached $27.2 million, representing a significant year-over-year growth of 78% from $15.3 million in the second quarter of fiscal 2025 [6][8] - The company has raised its full-year revenue outlook for fiscal 2026 to between $540 million and $550 million [7] Financial Performance - Total revenue for the second quarter of fiscal 2026 was $140.4 million, up from $118.7 million in the same quarter of the previous year, marking an 18% increase [4][8] - On Device Solutions revenue was $96.5 million, while App Growth Platform revenue was $44.7 million for the second quarter [4] - Non-GAAP free cash flow totaled $7.0 million, an increase of $22.7 million compared to the same quarter in fiscal 2025 [8] Management Commentary - The CEO, Bill Stone, highlighted the accelerating business momentum and strong demand for the company's platform, which contributed to exceeding expectations in both top and bottom-line results [3] - The company expresses high confidence in its strategy to capture a significant market opportunity estimated at half a trillion dollars [3]