APPS - Digital Turbine Stock Is Tumbling On Q3 Earnings: The Details | Benzinga
Shares of mobile growth platform company Digital Turbine Inc (NASDAQ:APPS) are falling after the close on Wednesday on the heels of the company’s fiscal third-quarter results. Here’s a look at the highlights from the quarter.
Q3 Earnings: Digital Turbine reported fiscal third-quarter revenue of $142.6 million, representing a year-over-year decline of 12% compared to the prior year’s quarter. The company’s top-line results came in below analyst estimates of $146.21 million, according to Benzinga Pro.
Digital Turbine reported adjusted earnings of 15 cents per share, down from 29 cents per share on a year-over-year basis. The company’s earnings results came in ...