Recap: Digital Turbine Q4 Earnings

Digital Turbine APPS reported its Q4 earnings results on Wednesday, May 24, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Digital Turbine missed estimated earnings by 22.22%, reporting an EPS of $0.14 versus an estimate of $0.18.

Revenue was down $44.02 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.08 which was followed by a 23.97% drop in the share price the next day.

Here's a look at Digital Turbine's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.37 0.33 0.35 0.39
EPS Actual 0.29 0.34 0.38 0.39
Revenue Estimate 185.52M 175.01M 184.84M 337.06M
Revenue Actual 162.31M 174.86M 188.63M 184.13M

To track all earnings releases for Digital Turbine visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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