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Sep 30, 2020
Digital Turbine Q2 2021 Earnings Report
Digital Turbine's revenue increased significantly, driven by strong demand for both Application Media and Content Media service offerings.
Key Takeaways
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.
Total revenue for the second quarter of fiscal 2021 was $70.9 million, representing an increase of 116% year-over-year.
Application Media revenue increased 50% year-over-year to $49.1 million.
Content Media revenue totaled $21.8 million.
Non-GAAP adjusted EBITDA was $16.5 million, representing growth of 265% as compared to the fiscal second quarter of 2020.
Forward Guidance
The Company currently expects revenue of between $72 million and $75 million, Non-GAAP adjusted EBITDA of between $17 million and $18 million, and Non-GAAP adjusted EPS of between $0.15 and $0.16 for its fiscal third quarter.
Positive Outlook
- Revenue of between $72 million and $75 million
- Non-GAAP adjusted EBITDA of between $17 million and $18 million
- Non-GAAP adjusted EPS of between $0.15 and $0.16
Historical Earnings Impact
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Avg. Return Before/After Earnings
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