2024-04-10 14:38:59 ET
Summary
- Digital Turbine, Inc. works with mobile carriers and device manufacturers to pre-install apps on smartphones.
- However, Digital Turbine faces headwinds, including declining device volumes, particularly in the U.S. market.
- Digital Turbine is ultimately an unattractive investment proposition due to its dwindling revenue growth rates and shrinking EBITDA figures.
Investment Thesis
Digital Turbine, Inc. ( APPS ) is a dead company walking. What does this mean? In simple terms, this means that investors should not invest their hard-earned capital into this stock....
Read the full article on Seeking Alpha
For further details see:
Digital Turbine: Do Not Buy This Stock