secwatch.observer — SEC 8-K summary
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Issuer:     Digital Turbine, Inc. (APPS)
CIK:        0000317788
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001628280-22-029257
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digital Turbine Q2: Rev $174.9M (-7%), GAAP NI $11.7M vs loss, Adj EBITDA $48.2M +1%, Q3 guide $180-190M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/317788/000162828022029257/0001628280-22-029257-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/317788/000162828022029257/apps-20221109.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-029257

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer