Digital Turbine Q3 revenue falls 25% YoY to $162.3M; adj EBITDA $40M vs $57M prior year

Digital Turbine, Inc.

2023-Q3 EPS reported $0.30 revenue$525,802,000

Revenue of $162.3M, down 25% year-over-year.
GAAP net income of $4.0M ($0.04 per share) vs $7.0M ($0.07) a year ago.
Non-GAAP adjusted net income of $30.2M ($0.29 per share) vs $50.9M ($0.49).
Non-GAAP adjusted EBITDA of $40.0M vs $57.0M in prior-year quarter.
FY2023 guidance: revenue $660-670M, adj. EBITDA $165-170M, adj. EPS $1.15-1.20.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Digital Turbine, Inc. reported the fiscal third quarter ended December 31, 2022 results: revenue $162.3 million, net income $4.0 million, EPS $0.04 per share. Guidance reaffirmed.

Period: the fiscal third quarter ended December 31, 2022
Revenue: $162.3 million
Net income: $4.0 million
EPS: $0.04 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

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

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Source: SEC EDGAR

accession 0001628280-23-002773

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