earnings
confidence high
sentiment positive
materiality 0.80
Digital Turbine Q1 revenue $212.6M, pro forma up 104% YoY; adj EBITDA $39.8M, Q2 guidance $300M-$306M
Digital Turbine, Inc.
2022-Q1 EPS reported
$0.14
revenue$212,615,000
- GAAP net income $14.3M ($0.14/diluted share); non-GAAP adjusted net income $33.4M ($0.34/share), up from $12.5M ($0.13) in prior Q1.
- Pro forma revenue $292.0M, +104% YoY; On-Device Media revenue $120.3M (+93% YoY); In-App Media $92.3M (partial from AdColony/Fyber).
- Adjusted EBITDA $39.8M vs $14.1M YoY; Q2 FY2022 guidance: rev $300M-$306M, adj EBITDA $44M-$46M, adj EPS $0.38.
- Completed acquisitions of AdColony (April 29) and Fyber (May 25) 2021, creating full-stack platform with On-Device and In-App Media capabilities.