earnings
confidence high
sentiment positive
materiality 0.65
Digital Turbine Q2: Rev $174.9M (-7%), GAAP NI $11.7M vs loss, Adj EBITDA $48.2M +1%, Q3 guide $180-190M
Digital Turbine, Inc.
2023-Q2 EPS reported
$0.26
revenue$363,492,000
- Revenue $174.9M (-7% YoY); On-Device Solutions $108.5M, App Growth Platform $68.3M (before eliminations).
- GAAP net income $11.7M ($0.12 EPS) vs net loss of $5.9M (-$0.06 EPS) in prior-year quarter.
- Non-GAAP adj EBITDA $48.2M (+1%), margin 28% all-time high; adj EPS $0.34 (down from $0.44).
- Q3 FY23 guidance: revenue $180-190M, adj EBITDA $53-57M, adj EPS $0.36-$0.39.
- CEO cites profit expansion in challenging macro; strategic initiatives OneDT, SingleTap, AppHub progressing.