APPS - Why Digital Turbine Stock Is Tumbling Wednesday | Benzinga
Digital Turbine Inc (NASDAQ:APPS) shares are moving lower Wednesday after the company reported financial results for the fourth quarter of fiscal-year 2024.
What Happened: Digital Turbine reported fourth-quarter revenue of $112.22 million, which missed estimates of $117.69 million, per Benzinga Pro. The company reported earnings of 12 cents per share, which beat analyst estimates of 7 cents per share.
Total On Device Solutions revenue before intercompany eliminations was $78.5 million, while total App Growth Platform revenue before intercompany eliminations came in at $34.4 million.
The mobile growth ...