---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-028179"
form_type: "8-K"
ticker: "APPS"
cik: "0000317788"
company_name: "Digital Turbine, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T03:08:12.921653+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Digital Turbine reports Q1 FY2024 revenue $146.4M, GAAP EPS ($0.08), adj EBITDA $27.0M

## Summary
- Revenue $146.4M (-22% YoY, +4% seq); GAAP net loss $8.4M ($0.08 EPS) vs prior-year income $15.0M ($0.15).
- Non-GAAP adj net income $18.2M ($0.18 EPS) vs $38.7M ($0.38) YoY; adj EBITDA $27.0M vs $51.9M YoY.
- Segment rev: On Device Solutions $98.3M; App Growth Platform $49.0M (before intersegment eliminations).
- Q2 FY2024 guidance: rev $141M-$149M; adj EBITDA $25M-$27M; adj EPS $0.13-$0.15 (~104M diluted shares).
- CEO highlighted sequential growth, upgrades to ad-tech, and progress on SingleTap and DT Hub.

## SEC filing metadata
- accession: 0001628280-23-028179
- form_type: 8-K
- ticker: APPS
- cik: 0000317788
- company_name: Digital Turbine, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/317788/000162828023028179/0001628280-23-028179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/317788/000162828023028179/apps-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-028179
- JSON: https://secwatch.observer/filing/0001628280-23-028179.json
- Plain text: https://secwatch.observer/filing/0001628280-23-028179.txt

## Key facts
- Earnings Releases
  Digital Turbine, Inc. reported fiscal first quarter ended June 30, 2023 results: revenue $146.4 million, net income GAAP net loss of $8.4 million, EPS ($0.08).
  - Period: fiscal first quarter ended June 30, 2023
  - Revenue: $146.4 million
  - Net income: GAAP net loss of $8.4 million
  - EPS: ($0.08)
  - Result: reported results
  source text: 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 Income 1 of $18.2 Million and Non-GAAP Adjusted EPS of $0.18 First Quarter Non-GAAP Adjusted EBITDA 2 Totaled $27.0 Million Austin, TX – August 8, 2023 – Digital Turbine, Inc. (Nasdaq: APPS) announced financial results for the fiscal first quarter ended June 30, 2023. Recent Financial Highlights: • Fiscal first quarter of 2024 revenue totaled $146.4 million, representing a 4% sequential increase as compared to the fiscal fourth quarter of 2023 and a 22% decline year-over-year as compared to the fiscal first quarter of 2023. • GAAP net loss for the fiscal first quarter of 2024 was $8.4 million, or ($0.08) per share, as compared to GAAP net income for the fiscal first quarter of 2023 of $15.0 million, or $0.15 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/317788/000162828023028179/0001628280-23-028179-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.