- APPS on-boarded a company record 60 million phones in the most recent quarter, bringing the company's total platform footprint to more than 500 million.
- Digital Turbine's most recent earnings results indicate CEO Bill Stone's focus on diversifying revenue streams is paying off. 40% of the company's revenues are now considered "reoccurring."
- APPS has barely benefited from the revenue synergies present across their application and content verticals. This represents a large opportunity for "organic" growth, as the Mobile Posse acquisition is digested.
- We have a five-year price target of $82 for the stock.
For further details see:
Digital Turbine: Sandwiched Between The 5G Revolution And Mobile Commerce