Digital Turbine: Q2 Earnings Insights

Digital Turbine (NASDAQ:APPS) reported its Q2 earnings results on Wednesday, November 8, 2023 at 04:05 PM. Here’s what…

Digital Turbine (NASDAQ:APPS) reported its Q2 earnings results on Wednesday, November 8, 2023 at 04:05 PM.

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

Earnings

Digital Turbine missed estimated earnings by 7.14%, reporting an EPS of $0.13 versus an estimate of $0.14.

Revenue was down $31.60 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 8.29% drop in the share price the next day.

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

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate 0.13 0.18 0.37 0.33
EPS Actual 0.18 0.14 0.29 0.34
Revenue Estimate 142.90M 138.66M 185.52M 175.01M
Revenue Actual 146.37M 140.12M 162.31M 174.86M

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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