Digital Turbine Q4 2022 Earnings Report
Key Takeaways
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.
Q4 revenue increased by 94% year-over-year to $184.1 million.
GAAP net income for Q4 was $20.1 million, or $0.19 per share.
Non-GAAP adjusted EBITDA for Q4 increased by 124% year-over-year to $50.4 million.
The company is focused on key growth drivers like SingleTap licensing and strategic partnerships.
Digital Turbine
Digital Turbine
Forward Guidance
The Company currently expects revenue of between $183 million and $187 million, Non-GAAP adjusted EBITDA of between $49 million and $51 million, and Non-GAAP adjusted EPS of $0.34 to $0.35 for the first quarter of fiscal 2023.