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Mar 31, 2022
Digital Turbine Q4 2022 Earnings Report
Digital Turbine's revenue increased significantly due to the acquisitions of AdColony and Fyber, but net income decreased.
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.
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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