Highest-materiality recent filing
Digital Turbine Q4 rev $142.5M (+20% YoY); guides FY27 rev $630-650M
Q4 GAAP net loss $7.3M ($0.06/shr); non-GAAP adj net income $19.7M ($0.16/shr).
Digital Turbine lowers liquidity covenant to $15M through Dec 2026, pays $5M amendment fee
Financing Agreement liquidity requirement reduced to $15M from prior level for April 1–Dec 31, 2026.
Digital Turbine Q3 revenue $151.4M (+12% YoY), Adj EBITDA $38.8M (+76%), raises FY guidance
Revenue $151.4M, +12% YoY; On-Device Solutions $99.6M, App Growth Platform $52.6M.
Digital Turbine Q2 revenue $140.4M (+18% YoY); raises FY2026 outlook
GAAP net loss $21.4M ($(0.20)/share) vs. loss $25.0M ($(0.24)) YoY; Non-GAAP adj. net income $16.5M ($0.15/share).
Digital Turbine secures $430M term loan facility, raises FY26 guidance
New $430M four-year term loan facility fully repays prior credit facility maturing Aug 2026.
Digital Turbine Q1 FY2026: Revenue $130.9M (+11% YoY), EBITDA $25.1M (+73%); raises FY guidance
Revenue $130.9M, +11% YoY; GAAP net loss narrowed to $14.1M from $25.2M.
Q4 revenue $119.2M (+6% YoY); GAAP net loss $18.8M (-$0.18/sh); adj. net income $10.8M ($0.10/sh).
Digital Turbine Q3 revenue $134.6M, raises FY2025 guidance; CFO Garrison departs, Lasher appointed
Revenue $134.6M, up 13% QoQ, down 6% YoY; GAAP net loss $23.1M, EPS ($0.22).
Digital Turbine Q2 FY2025 revenue $118.7M (-17% YoY), GAAP EPS -$0.24; guidance cut
Revenue $118.7M, down 17% YoY; GAAP net loss $25.0M vs $161.5M loss (incl. $147.2M goodwill impairment) in prior year.
Digital Turbine Q1 revenue $118M, GAAP loss $0.25/shr; adj EPS $0.07; reaffirms FY25 guide
Revenue $118.0M (-19% YoY, +5% QoQ); On Device Solutions $80.7M, App Growth Platform $38.4M.
Q4 GAAP EPS ($2.32); adjusted EPS $0.12 versus $0.14 YoY; adjusted EBITDA $12.3M (down from $23.1M).
Digital Turbine Q3 FY2024 revenue falls 12% YoY to $142.6M; GAAP net loss of $14.1M
Revenue $142.6M, down 12% YoY; On Device Solutions $94.3M, App Growth Platform $49.2M.
Invested additional €8.5M in Aptoide Class A1 Preferred Shares, increasing holdings from 10.6% to 18.6% of fully diluted equity.
Digital Turbine Q2 revenue down 18% YoY; GAAP net loss $161.5M including $147.2M goodwill impairment
Revenue $143.3M vs $174.9M YoY; On-Device Solutions $99.1M, App Growth Platform $46.2M.
Digital Turbine reports Q1 FY2024 revenue $146.4M, GAAP EPS ($0.08), adj EBITDA $27.0M
Revenue $146.4M (-22% YoY, +4% seq); GAAP net loss $8.4M ($0.08 EPS) vs prior-year income $15.0M ($0.15).
Digital Turbine Q4 revenue $140.1M (-24% YoY); GAAP loss $0.14; guides Q1 rev flat
Q4 revenue $140.1M, down 24% YoY; GAAP net loss $13.9M (-$0.14) vs profit $20.1M ($0.19) a year ago.
Digital Turbine Q3 revenue falls 25% YoY to $162.3M; adj EBITDA $40M vs $57M prior year
Revenue of $162.3M, down 25% year-over-year.
Revenue $174.9M (-7% YoY); On-Device Solutions $108.5M, App Growth Platform $68.3M (before eliminations).
Digital Turbine fiscal Q1 revenue $188.6M (+19% YoY); non-GAAP EPS $0.38; guides Q2 $170-180M
Revenue $188.6M, up 19% YoY as-reported and 5% pro forma.
Digital Turbine FY2022 revenue $747.6M (+138% YoY), non-GAAP EPS $1.66; restates prior quarters
FY2022 revenue $747.6M (as-reported +138% YoY); GAAP net income $35.6M ($0.35 EPS); non-GAAP adj. net income $170.6M ($1.66 EPS, +124% YoY).
Digital Turbine Restates Quarterly Results Due to Revenue Recognition Change for Acquired Businesses
Revenue for three months ended June 30, 2021 restated from $212.6M to $158.1M (net recognition).
Digital Turbine Q3 revenue $375.5M (+324% YoY); non-GAAP EPS $0.49 beat
Revenue $375.5M, up 324% as-reported and 38% pro forma YoY; On-Device Media $133.6M (+43% YoY).
Digital Turbine expands revolving credit line by $125M to $525M for acquisitions and working capital
Entered First Amendment to Credit Agreement on Dec 29, 2021, increasing revolver from $400M to $525M.
Digital Turbine Q2 FY2022 revenue $310.2M (+338% YoY); non-GAAP EPS $0.44 vs $0.15
GAAP net loss $5.9M ($0.06); includes $22.1M fair value adjustment to acquisition earn-outs.
Digital Turbine fixes AdColony earn-out at $204.5M, due Jan 15, 2022
Earn-out payment amount fixed at $204.5M in cash, payable on or before January 15, 2022.
GAAP net income $14.3M ($0.14/diluted share); non-GAAP adjusted net income $33.4M ($0.34/share), up from $12.5M ($0.13) in prior Q1.
Digital Turbine files audited 2020 financials for acquired AdColony; revenue $211M, net loss $7M
AdColony 2020 revenue $211.0M (up from $183.9M in 2019); operating loss improved to ($6.8M) from ($21.8M).
Effective as of February 5, 2025, Stephen Lasher was appointed Chief Financial Officer of the Company.
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.
On April 8, 2024, Digital Turbine, Inc. (the "Company") appointed Joshua Kinsell as Chief Accounting Officer of the Company.
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.
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.
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.
Mr. Miller replaced David Wesch as the principal accounting officer of the Company, and Mr. Wesch will continue to work with the Company.
Max materiality 0.90 · Median 0.65 · Most common event earnings