Digital Turbine Earnings Reports

Digital Turbine saw 6% YoY revenue growth and a significantly narrowed net loss compared to the prior year. Adjusted EBITDA surged 66%, and the company highlighted improved operational execution and strong demand.

Digital Turbine reported Q3 fiscal year 2025 financial results with a revenue of $134.6 million. The company's GAAP net loss was $23.1 million, or ($0.22) per share, while the non-GAAP adjusted EPS was $0.13. The company is raising its fiscal 2025 outlook.

Digital Turbine reported a decrease in revenue year-over-year but an increase sequentially for the second quarter of fiscal year 2025. The company reported a GAAP net loss of $25.0 million, or ($0.24) per share, and a non-GAAP adjusted net income of $5.0 million, or $0.05 per share. The company initiated a transformation program designed to drive greater efficiency and enhance cash flow generation.

Digital Turbine reported a 19% year-over-year decline in revenue, totaling $118.0 million for the first quarter of fiscal year 2025. The company experienced a GAAP net loss of $25.2 million, or ($0.25) per share, while non-GAAP adjusted net income was $7.3 million, or $0.07 per share. Despite these challenges, the company saw sequential growth in revenue and EBITDA, driven by increases in On Device Solutions and App Growth Platform revenues.

Digital Turbine reported a decrease in revenue and a significant net loss for Q4 2024, impacted by a non-cash goodwill impairment charge. However, the company is optimistic about new partnerships and its re-engineered ad tech platform, expecting a return to growth in the new fiscal year.

Digital Turbine reported a decrease in revenue to $142.6 million, a GAAP net loss of $14.1 million, and a Non-GAAP adjusted net income of $15.6 million for the third quarter of fiscal year 2024.

Digital Turbine reported a revenue of $143.3 million for the fiscal second quarter of 2024, an 18% year-over-year decline. The company experienced a GAAP net loss of $161.5 million, which included a noncash goodwill impairment charge of $147.2 million. Non-GAAP adjusted net income was $13.9 million, and Non-GAAP adjusted EBITDA totaled $27.7 million.

Digital Turbine reported a revenue of $146.4 million for the first quarter of fiscal year 2024, a 22% decrease year-over-year but a 4% increase sequentially. The company had a GAAP net loss of $8.4 million, or ($0.08) per share, while non-GAAP adjusted net income was $18.2 million, or $0.18 per share. Non-GAAP adjusted EBITDA was $27.0 million.

Digital Turbine reported a revenue of $140.1 million for the fiscal fourth quarter of 2023, a 24% decrease compared to the same period last year. The company experienced a GAAP net loss of $13.9 million, or ($0.14) per share, compared to a net income of $20.1 million, or $0.19 per share, in the prior year. Non-GAAP adjusted net income was $13.6 million, or $0.14 per share, compared to $41.0 million, or $0.39 per share, in the fiscal fourth quarter of 2022.

Digital Turbine reported Q3 fiscal year 2023 revenue of $162.3 million, a 25% decrease year-over-year. GAAP net income was $4.0 million, or $0.04 per share, while non-GAAP adjusted net income was $30.2 million, or $0.29 per share. The company expects macro headwinds to continue into the first half of the calendar year but remains optimistic about its long-term strategic vision.

Digital Turbine reported a revenue of $174.9 million, a 7% year-over-year decline. GAAP net income was $11.7 million, or $0.12 per share, while non-GAAP EPS was $0.34. The company's adjusted EBITDA increased by 1% year-over-year to $48.2 million, with adjusted EBITDA margin reaching an all-time high of 28%.

Digital Turbine reported a 19% year-over-year increase in revenue, reaching $188.6 million. GAAP net income was $15.0 million, with a GAAP EPS of $0.15. Non-GAAP EPS increased by 12% year-over-year to $0.38. The company is focused on profitable growth and strategic initiatives.

Digital Turbine reported a substantial increase in revenue for Q4 2022, driven by the acquisitions of AdColony and Fyber. However, GAAP net income decreased compared to the previous year, while non-GAAP adjusted EBITDA saw a significant increase.

Digital Turbine reported strong financial results for the fiscal third quarter ended December 31, 2021. Revenue totaled $375.5 million, representing a 324% increase year-over-year on an as-reported basis and a 38% increase year-over-year on a pro forma basis. Non-GAAP adjusted EBITDA was $57.0 million, representing growth of 153% compared to the same period last year.

Digital Turbine reported a strong fiscal second quarter in 2022, with revenue totaling $310.2 million, representing a 338% increase year-over-year on an as-reported basis and a 63% increase year-over-year as compared to the comparable pro forma figure for the fiscal second quarter of 2021. The company's GAAP net loss was $5.9 million, or ($0.06) per share, while Non-GAAP adjusted net income was $45.3 million, or $0.44 per share.

Digital Turbine reported strong fiscal 2022 first-quarter results, with revenue totaling $212.6 million. Pro forma revenue, including AdColony and Fyber, reached $292.0 million, a 104% increase year-over-year. The company's GAAP net income was $14.3 million, or $0.14 per share, while non-GAAP adjusted net income was $33.4 million, or $0.34 per share. The acquisitions of AdColony and Fyber were completed during the quarter, enhancing the company's full-stack platform capabilities.

Digital Turbine reported strong Q4 and fiscal year 2021 results, with significant revenue growth and increased profitability. Q4 revenue grew by 142% year-over-year to $95.1 million, and GAAP net income increased to $30.1 million, or $0.31 per share. The company's non-GAAP adjusted EBITDA also saw a substantial increase, reaching $22.5 million.

Digital Turbine reported strong Q3 2021 results with significant revenue growth of 146% year-over-year, driven by both Application Media and Content Media. The company achieved record revenue, profitability, and free cash flow, benefiting from its scalable operating model and diversification strategy.

Digital Turbine reported strong fiscal second quarter results with revenue of $70.9 million, representing a 116% increase year-over-year. The company achieved record revenue, profitability, and free cash flow, driven by strong demand for its Application Media and Content Media service offerings.

Digital Turbine reported a strong fiscal first quarter with revenue of $59.0 million, a 93% increase year-over-year. GAAP net income was $9.9 million, or $0.11 per share, and non-GAAP adjusted EBITDA was $14.1 million, representing a 235% growth.

Digital Turbine reported a strong fiscal third quarter with record revenue of $36.0 million, representing an 18% year-over-year increase. The company's GAAP net income was $3.3 million, or $0.04 per share, and non-GAAP adjusted EBITDA was $5.6 million. Digital Turbine also announced a definitive purchase agreement to acquire Mobile Posse.