Digital Turbine (NASDAQ: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.
