secwatch.observer — SEC 8-K summary
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Issuer:     Digital Turbine, Inc. (APPS)
CIK:        0000317788
Form:       8-K
Filed at:   2025-02-05T23:59:59+00:00
Accession:  0001628280-25-004027
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digital Turbine Q3 revenue $134.6M, raises FY2025 guidance; CFO Garrison departs, Lasher appointed
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- Revenue $134.6M, up 13% QoQ, down 6% YoY; GAAP net loss $23.1M, EPS ($0.22).
- Non-GAAP adjusted EBITDA $22.0M (up 44% QoQ, down 14% YoY); adj. net income $13.7M, EPS $0.13.
- CFO Barrett Garrison mutually separated; Stephen Lasher named CFO effective Feb 5, 2025.
- New CFO Lasher receives $450k base salary, $75k relocation bonus, equity grants of 500k RSUs + 500k options.
- Raises FY2025 outlook: revenue $485-490M, adjusted EBITDA $69-71M; Q3 free cash flow $6.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/317788/000162828025004027/0001628280-25-004027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/317788/000162828025004027/apps-20250205.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-004027

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