Digital Turbine, Inc. (APPS)

NASDAQ: APPS · IEX Real-Time Price · USD
6.86
-0.19 (-2.70%)
Dec 29, 2023, 4:00 PM EST - Market closed
-2.70%
Market Cap 694.97M
Revenue (ttm) 592.05M
Net Income (ttm) -179.57M
Shares Out 101.31M
EPS (ttm) -1.79
PE Ratio n/a
Forward PE 10.74
Dividend n/a
Ex-Dividend Date n/a
Volume 1,620,506
Open 7.05
Previous Close 7.05
Day's Range 6.84 - 7.30
52-Week Range 4.10 - 18.77
Beta 2.52
Analysts Hold
Price Target 11.80 (+72.01%)
Earnings Date Feb 7, 2024

About APPS

Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). The company operates through two segments, On Device Solutions and App Growth Platform. Its application media platform delivers mobile applications to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, sports, and other content, as well as programmatic advertising and media content delivery services, and sponsored and editorial... [Read more]

Sector Technology
CEO William Gordon Stone III
Employees 777
Stock Exchange NASDAQ
Ticker Symbol APPS
Full Company Profile

Financial Performance

In 2022, APPS's revenue was $665.92 million, a decrease of -10.93% compared to the previous year's $747.60 million. Earnings were $16.67 million, a decrease of -53.09%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for APPS stock is "Hold." The 12-month stock price forecast is $11.8, which is an increase of 72.01% from the latest price.

Price Target
$11.8
(72.01% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Why these stocks could lose money even if the market gains

According to a study published this summer in The Review of Financial Studies, these vulnerable stocks are the ones that are most difficult to borrow and then sell short.

4 weeks ago - Market Watch

Digital Turbine Reports Fiscal 2024 Second Quarter Financial Results

Second Quarter Revenue Totaled $143.3 Million Second Quarter GAAP Net Loss of $161.5 Million, or GAAP EPS of ($1.61), Included a Noncash Goodwill Impairment Charge of $147.2 Million ($1.46 Per Share) ...

7 weeks ago - PRNewsWire

Digital Turbine to Host Fiscal 2024 Second Quarter Financial Results Conference Call on November 8, 2023, at 4:30pm ET

AUSTIN, Texas , Oct. 25, 2023 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), a global mobile platform company, announced it will host a conference call and webcast to discuss its fiscal 2024 se...

2 months ago - PRNewsWire

Xiaomi's Internet Business Arm Expands Partnership with Digital Turbine to Power Global App Recommendations

The partnership expansion is the next step in Digital Turbine and Xiaomi's relationship, elevating the quality of app recommendations to Xiaomi smartphone end users around the world AUSTIN, Texas , Oc...

2 months ago - PRNewsWire

MobileX's Customizable Mobile Plans Now Available Exclusively at Walmart

LAS VEGAS , Sept. 26, 2023 /PRNewswire/ -- Today at MWC Las Vegas, MobileX announced a multi-year exclusivity agreement with Walmart.

3 months ago - PRNewsWire

Digital Turbine Expands Partnership with Google Cloud and SADA to Further Innovation

The relationship will empower app developers to advance opportunities on Google Cloud and accelerate Digital Turbine's scalability AUSTIN, Texas and LOS ANGELES , Aug. 28, 2023 /PRNewswire/ -- Digital...

4 months ago - PRNewsWire

Digital Turbine Reports Fiscal 2024 First Quarter Financial Results

First  Quarter Revenue Totaled $146.4 Million First  Quarter GAAP Net Loss of $8.4 Million and GAAP EPS of ($0.08); First Quarter Non-GAAP Adjusted Net Income1 of $18.2 Million and Non-GAAP Adjusted E...

5 months ago - PRNewsWire

Digital Turbine to Host Fiscal 2024 First Quarter Financial Results Conference Call on August 8, 2023, at 4:30pm ET

AUSTIN, Texas , July 27, 2023 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), a global mobile platform company, announced it will host a conference call and webcast to discuss its fiscal 2024 fi...

5 months ago - PRNewsWire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Integra Digital Turbine, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 17, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Digital Turbine, ...

5 months ago - Accesswire

Digital Turbine and Apptopia's BRAG Index 3: The Strategies Driving Brand and User Growth

A year after issuing the first BRAG Index, BRAG Index 3 shows how brands like Tubi, Audiomack, TikTok, Temu, and Hopper succeeded in Q1 2023 despite a tumultuous year for mobile apps AUSTIN, Texas , J...

6 months ago - PRNewsWire

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Integra Digital Turbine, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 26, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Digital Turbine, I...

7 months ago - Accesswire

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Integra Digital Turbine, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $APPS #APPS--The Schall Law Firm Announces it is Investigating Claims Against Integra Digital Turbine, Inc. and Encourages Investors to Contact the Firm.

7 months ago - Business Wire

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Integra Digital Turbine, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 25, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Digital Turbine, I...

7 months ago - Accesswire

Digital Turbine Reports Fiscal 2023 Fourth Quarter and Fiscal Year 2023 Financial Results

Fourth  Quarter Revenue Totaled $140.1 Million and Fiscal 2023 Revenue Totaled $665.9 Million Fiscal 2023 GAAP Net Income of $16.9 Million and GAAP EPS of $0.16; Fiscal 2023 Non-GAAP Adjusted Net Inco...

7 months ago - PRNewsWire

Digital Turbine to Host Fourth Quarter and Fiscal 2023 Financial Results Conference Call on May 24, 2023, at 4:30pm ET

AUSTIN, Texas , May 16, 2023 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), a global mobile platform company, announced it will host a conference call and webcast to discuss its fourth quarter ...

8 months ago - PRNewsWire

Digital Turbine Expands Partnership with Google Cloud to Deliver Frictionless App Install to Developers

Incorporating SingleTap technology in apps working with Google Cloud is now easier than ever before -  enabling frictionless app installs from any mobile ad placement in a seamless install experience....

8 months ago - PRNewsWire

Digital Turbine Mobile Video Ads Grab 22 Seconds of User Attention, Driving Better Brand Recall - Amplified Intelligence Research Finds

Amplified Intelligence's recent report on Digital Turbine's attention performance demonstrates how mobile video ads deliver strong and consistent attention to brands in the attention-rich mobile gamin...

9 months ago - PRNewsWire

Flexion and Digital Turbine Announce Strategic Partnership to Unlock Alternative App Distribution and Superior Monetization

The New Partnership Combines the Unique Services and Reach of Both Mobile Leaders, Enabling New Revenue Opportunities to Their App Developer, Carrier and OEM Partners AUSTIN, Texas and LONDON , March ...

10 months ago - PRNewsWire

Digital Turbine Launches GamesHub with UScellular, Delivering Users a Highly Curated Environment for Premium App Discovery

GamesHub is part of DT Hub, Digital Turbine's alternative mobile growth suite AUSTIN, Texas and CHICAGO , March 16, 2023 /PRNewswire/ -- Digital Turbine (Nasdaq: APPS), the global leader in growth sol...

10 months ago - PRNewsWire

Netflix, Amazon, and Marriot Bonvoy Top the List of Apps Consumers LOVE - Positioning them for Mobile Growth

The latest BRAG Brand Insights report by Digital Turbine and Apptopia provides brand-oriented mobile growth insights to CMOs and UA Marketers AUSTIN, Texas and BOSTON , March 9, 2023 /PRNewswire/ -- D...

10 months ago - PRNewsWire

Digital Turbine to Participate in the 35th Annual Roth Conference on March 13th and 14th, 2023

AUSTIN, Texas , March 2, 2023 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS) announced today that CEO Bill Stone will be participating in a fireside chat on Tuesday, March 14 th, 2022.  The fire...

10 months ago - PRNewsWire

Digital Turbine Reports Fiscal 2023 Third Quarter Financial Results

Third Quarter Revenue Totaled $162.3  Million Third Quarter GAAP Net Income of $4.0  Million and GAAP EPS of $0.04 ; Third Quarter Non-GAAP Adjusted Net Income 1  of $30.2  Million and Non GAAP EPS of...

11 months ago - PRNewsWire

Digital Turbine to Host Fiscal 2023 Third Quarter Financial Results Conference Call on February 8, 2023, at 4:30pm ET

AUSTIN, Texas , Jan. 26, 2023 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), a global mobile platform company, announced it will host a conference call and webcast to discuss its fiscal 2023 th...

1 year ago - PRNewsWire

Digital Turbine stock soars on Q2 earnings

Yahoo Finance Live checks out Digital Turbine shares following its second-quarter earnings report.

1 year ago - Yahoo Finance

Digital Turbine Reports Fiscal 2023 Second Quarter Financial Results

Second Quarter Revenue Totaled $174.9  Million Second Quarter GAAP Net Income of $11.7 Million and GAAP EPS of $0.11; Second Quarter Non-GAAP Adjusted Net Income1 of $35.0  Million and Non GAAP EPS of...

1 year ago - PRNewsWire