secwatch.observer — SEC 8-K summary
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Issuer:     Digital Turbine, Inc. (APPS)
CIK:        0000317788
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001628280-24-035601
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digital Turbine Q1 revenue $118M, GAAP loss $0.25/shr; adj EPS $0.07; reaffirms FY25 guide
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- Revenue $118.0M (-19% YoY, +5% QoQ); On Device Solutions $80.7M, App Growth Platform $38.4M.
- GAAP net loss $25.2M ($0.25/shr) vs. loss $8.4M ($0.08/shr) in Q1 FY24.
- Non-GAAP adj. net income $7.3M ($0.07/shr) vs. $18.2M ($0.18/shr) YoY.
- Non-GAAP adj. EBITDA $14.5M (-46% YoY, +18% QoQ); EBITDA margin +135bps QoQ.
- Reaffirms FY25 guidance: revenue $540-560M, adj. EBITDA $85-95M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/317788/000162828024035601/0001628280-24-035601-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/317788/000162828024035601/apps-20240807.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-035601

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