Digital Turbine Q4 2023 Earnings Report
Key Takeaways
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.
Q4 revenue totaled $140.1 million, a 24% decrease year-over-year.
GAAP net loss for Q4 was $13.9 million, or ($0.14) per share.
Non-GAAP adjusted net income for Q4 was $13.6 million, or $0.14 per share.
Non-GAAP adjusted EBITDA for Q4 was $23.1 million.
Digital Turbine
Digital Turbine
Digital Turbine Revenue by Segment
Forward Guidance
For the first quarter of fiscal 2024, Digital Turbine expects revenue between $140 million and $145 million, Non-GAAP adjusted EBITDA between $23 million and $25 million, and Non-GAAP adjusted EPS between $0.11 and $0.13.
Positive Outlook
- Revenue of between $140 million and $145 million
- Non-GAAP adjusted EBITDA of between $23 million and $25 million
- Non-GAAP adjusted EPS of between $0.11 and $0.13
Revenue & Expenses
Visualization of income flow from segment revenue to net income