Digital Turbine, Inc. updated its fiscal year 2027 guidance (initiated).
“Business Outlook Based on information available as of May 26, 2026, the Company currently expects the following for fiscal year 2027 : • Revenue of betwee n $630 million and $650 million • Non-GAAP adjusted EBITDA 2 of between $135 million and $145 mi llion”
Earnings Releases
Digital Turbine, Inc. reported fiscal year ended March 31, 2026 results: revenue $565.3 million, net income $37.7 million, EPS $(0.33) per share.
“Fiscal Year 2026 Net Revenue Totaled $565.3 Million, Representing Year-over-Year Growth of 15% Fiscal Year 2026 GAAP Net Loss of $37.7 Million and GAAP EPS of ($0.33);”
Earnings Releases
Digital Turbine, Inc. reported fiscal fourth quarter ended March 31, 2026 results: revenue $142.5 million, net income $7.3 million, EPS $(0.06) per share.
“Fourth Quarter Net Revenue Totaled $142.5 Million, Representing Year-over-Year Growth of 20% Fourth Quarter GAAP Net Loss of $7.3 Million and GAAP EPS of ($0.06);”
Material Agreements
Digital Turbine, Inc. amended Warrant Amendments with holders of the Warrants (effective 2026-04-20).
“On April 20, 2026, the Company amended (the “Warrant Amendments”) certain outstanding warrants (the “Warrants”) to purchase shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”).”
Material Agreements
Digital Turbine, Inc. amended Financing Amendment with Blue Torch Finance LLC (effective 2026-04-20).
“On April 20, 2026, Digital Turbine, Inc. (the “Company”) amended its Financing Agreement (the “Financing Amendment”) among the Company, certain other wholly owned subsidiaries of the Company, as guarantors, Blue Torch Finance LLC, as administrative agent and as collateral agent, and the lenders from time to time party thereto to, among other things, amend the liquidity covenant to reduce the liquidity requirement for the period between April 1, 2026 and December 31, 2026 to $15,000,000.”
Debt Financings
Digital Turbine, Inc. incurred credit facility of $430,000,000 with Blue Torch Finance LLC, as administrative agent and as collateral agent at term SOFR rate or a reference rate for U.S. dollar borrowings, plus an applicabl maturing four-year term from the Closing Date.
“The Financing Agreement (i) has a four-year term from the Closing Date and (ii) provides for three separate tranches of term loans in an aggregate principal amount of $430,000,000 (the “Loans”), all of which were borrowed in full by the Company on the Closing Date. The Loans are secured by substantially all of the assets of the Company and the Guarantors,”
Stephen Lasher was appointed as Chief Financial Officer at Digital Turbine, Inc..
“Effective as of February 5, 2025, Stephen Lasher was appointed Chief Financial Officer of the Company.”
Barrett Garrison departed as Executive Vice President and Chief Financial Officer at Digital Turbine, Inc..
“Effective as of February 5, 2025, Barrett Garrison, Executive Vice President and Chief Financial Officer of the Company, and the Company agreed to a mutual separation of employment.”
Joshua Kinsell was appointed as Chief Accounting Officer at Digital Turbine, Inc..
“On April 8, 2024, Digital Turbine, Inc. (the "Company") appointed Joshua Kinsell as Chief Accounting Officer of the Company.”
Earnings Releases
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.
“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)”
Material Agreements
Digital Turbine, Inc. amended Addendum to the Class A1 Preferential Shares Investment Agreement with Aptoide, S.A. valued at €8,500,000 (effective 2023-11-08).
“On November 10, 2023, pursuant to an Addendum to the Class A1 Preferential Shares Investment Agreement, dated November 8, 2023, by and among Digital Turbine USA, Aptoide, and each of the shareholders of Aptoide party thereto (the “Addendum”), we invested an additional €8,500,000, receiving an additional 985,507 Class A1 Preferred Shares of Aptoide”
Earnings Releases
Digital Turbine, Inc. reported third quarter of fiscal 2024 results: revenue between $144 million and $150 million, EPS Non-GAAP adjusted EPS of between $0.16 and $0.19. Guidance initiated.
“Business Outlook Based on information available as of November 8, 2023, and considering the ongoing uncertainties in the macro environment, the Company currently expects the following for the third quarter of fiscal 2024: • Revenue of between $144 million and $150 million • Non-GAAP adjusted EBITDA 2 of between $27 million and $31 million • Non-GAAP adjusted EPS 1 of between $0.16 and $0.19”
Earnings Releases
Digital Turbine, Inc. reported quarter ended September 30, 2023 results: revenue $143.3 million, net income GAAP net loss of $161.5 million, EPS GAAP EPS of ($1.61).
“Digital Turbine Reports Fiscal 2024 Second Quarter Financial Results Second Quarter Revenue Totaled $143.3 Million Second Quarter GAAP Net Loss of $161.5 Million, or GAAP EPS of ($1.61)”
Shareholder Votes
Digital Turbine, Inc. shareholders approved Appointment of Grant Thornton LLP as Independent Registered Public Accounting Firm at the 2023-08-29 meeting.
“Proposal 3 Appointment of Grant Thornton LLP as Independent Registered Public Accounting Firm The appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2024, was ratified with the following vote: For Against Abstain Broker Non-Votes 71,453,581 3,160,573 251,932 —”
Shareholder Votes
Digital Turbine, Inc. shareholders approved Advisory Vote on Executive Compensation at the 2023-08-29 meeting.
“Proposal 2 Advisory Vote on Executive Compensation The non-binding advisory resolution approving the compensation of the Company’s named executive officers, commonly referred to as “say-on-pay”, was approved with the following vote: For Against Abstain Broker Non-Votes 48,547,809 6,909,959 287,035 19,121,283”
Shareholder Votes
Digital Turbine, Inc. shareholders approved Election of Directors at the 2023-08-29 meeting.
“Proposal 1 Election of Directors The stockholders elected eight directors to serve until the annual meeting of stockholders in 2024 with the following vote: Name of Director Elected Votes For Votes Withheld Broker Non-Votes Roy H. Chestnutt 54,661,977 1,082,826 19,121,283 Robert Deutschman 51,286,312 4,458,491 19,121,283 Holly Hess Groos 54,643,177 1,101,626 19,121,283 Mohan S. Gyani 52,418,708 3,326,095 19,121,283 Jeffrey Karish 52,757,235 2,987,568 19,121,283 Mollie V. Spilman 54,539,940 1,204,863 19,121,283 Michelle M. Sterling 53,186,981 2,557,822 19,121,283 William G. Stone III 54,495,303 1,249,500 19,121,283”
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).
“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.”
Earnings Releases
Digital Turbine, Inc. reported the first quarter of fiscal 2024 results: revenue $140 million and $145 million, EPS between $0.11 and $0.13. Guidance initiated.
“the Company currently expects the following for the first quarter of fiscal 2024: • Revenue of between $140 million and $145 million • Non-GAAP adjusted EBITDA 2 of between $23 million and $25 million • Non-GAAP adjusted EPS 1 of between $0.11 and $0.13”
Earnings Releases
Digital Turbine, Inc. reported fiscal year 2023 results: revenue $665.9 million, net income GAAP net income for fiscal year 2023 was $16.9 million, or $0.16 per share, EPS $0.16 per share.
“--- Digital Turbine Reports Fiscal 2023 Fourth Quarter and Fiscal Year 2023 Financial Results Fourth Quarter Revenue Totaled $140.1 Million and Fiscal 2023 Revenue Totaled $665.9 Million Fiscal 2023 GAAP Net Income of $16.9 Million and GAAP EPS of $0.16; Fiscal 2023 Non-GAAP Adjusted Net Income 1 of $117.4 Million and Non GAAP EPS of $1.15 Fiscal 2023 Non-GAAP”
Earnings Releases
Digital Turbine, Inc. reported the fiscal fourth quarter ended March 31, 2023 results: revenue $140.1 million, net income GAAP net loss for the fiscal fourth quarter of 2023 was $13.9 million, or ($0.14) per share, EPS ($0.14) per share.
“be carefully evaluated. --- EX-99.1 (EX-99.1) --- Digital Turbine Reports Fiscal 2023 Fourth Quarter and Fiscal Year 2023 Financial Results Fourth Quarter Revenue Totaled $140.1 Million and Fiscal 2023 Revenue Totaled $665.9 Million Fiscal 2023 GAAP Net Income of $16.9 Million and GAAP EPS of $0.16; Fiscal 2023 Non-GAAP Adjusted Net Income 1 of $117.4 Million”
Earnings Releases
Digital Turbine, Inc. reported the fiscal third quarter ended December 31, 2022 results: revenue $162.3 million, net income $4.0 million, EPS $0.04 per share. Guidance reaffirmed.
“Digital Turbine Reports Fiscal 2023 Third Quarter Financial Results Third Quarter Revenue Totaled $162.3 Million Third Quarter GAAP Net Income of $4.0 Million and GAAP EPS of $0.04”
Earnings Releases
Digital Turbine, Inc. reported fiscal second quarter ended September 30, 2022 results: revenue $174.9 million, net income $11.7 million, EPS $0.12. Guidance initiated.
“Digital Turbine Reports Fiscal 2023 Second Quarter Financial Results Second Quarter Revenue Totaled $174.9 Million Second Quarter GAAP Net Income of $11.7 Million and GAAP EPS of $0.12”
Matthew Gillis was appointed as President at Digital Turbine, Inc..
“On July 15, 2022, due to the significant growth and expansion of Digital Turbine, Inc. (the “Corporation”), the Corporation appointed Matthew Gillis as President of the Corporation.”
Mollie V. Spilman was appointed as Director at Digital Turbine, Inc..
“On February 1, 2022, the Board of Directors (the “Board”) of Digital Turbine, Inc. (the “Company”) appointed Mollie V. Spilman as a member of the Board.”
David Wesch changed role as principal accounting officer at Digital Turbine, Inc..
“Mr. Miller replaced David Wesch as the principal accounting officer of the Company, and Mr. Wesch will continue to work with the Company.”
Michael B. Miller was appointed as Chief Accounting Officer at Digital Turbine, Inc..
“On August 23, 2021, due to the significant growth and expansion of Digital Turbine, Inc. (the "Company"), the Company appointed Michael B. Miller as Chief Accounting Officer of the Company.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.