Digital Turbine Q3 FY2024 revenue falls 12% YoY to $142.6M; GAAP net loss of $14.1M

Digital Turbine, Inc.

2024-Q3 EPS reported -$1.83 revenue$432,259,000

Revenue $142.6M, down 12% YoY; On Device Solutions $94.3M, App Growth Platform $49.2M.
GAAP net loss $14.1M (($0.14)/share) vs net income $4.1M ($0.04) a year ago.
Non-GAAP adjusted EPS $0.15 vs $0.29; adjusted EBITDA $25.4M vs $40.0M.
Full-year FY2024 guidance: revenue $547-553M, adj EBITDA $90-94M, adj EPS $0.50-0.54.
Reduced long-term debt by $9.8M to $374.0M; free cash flow $14.3M.

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 fiscal third quarter ended December 31, 2023 results: revenue $142.6 million, net income GAAP net loss of $14.1 million, or ($0.14) per share, EPS ($0.14). Guidance reaffirmed.

Period: fiscal third quarter ended December 31, 2023
Revenue: $142.6 million
Net income: GAAP net loss of $14.1 million, or ($0.14) per share
EPS: ($0.14)
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Digital Turbine Reports Fiscal 2024 Third Quarter Financial Results Third Quarter Revenue Totaled $142.6 Million Third Quarter GAAP Net Loss of $14.1 Million, or GAAP EPS of ($0.14)

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Source: SEC EDGAR

accession 0001628280-24-003688

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