secwatch.observer — SEC 8-K summary
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Issuer:     Digital Turbine, Inc. (APPS)
CIK:        0000317788
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001628280-24-003688
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/317788/000162828024003688/0001628280-24-003688-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/317788/000162828024003688/apps-20240207.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-003688

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