Digital Turbine Q2 2022 Earnings Report
Key Takeaways
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.
Second quarter revenue totaled $310.2 million, a 338% increase year-over-year on an as-reported basis.
GAAP net loss for the second quarter was $5.9 million, or ($0.06) per share.
Non-GAAP adjusted net income for the second quarter was $45.3 million, or $0.44 per share.
Non-GAAP adjusted EBITDA for the second quarter was $47.9 million, representing growth of 191% year-over-year.
Digital Turbine
Digital Turbine
Forward Guidance
The Company currently expects revenue of between $350 million and $355 million, Non-GAAP adjusted EBITDA of between $53 million and $56 million, and Non-GAAP adjusted EPS of between $0.41 and $0.44 for the third quarter of fiscal 2022.