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Digital Turbine Inc   (APPS)
Other Ticker:  
 
    Sector  Conglomerates    Industry Conglomerates
   Industry Conglomerates
   Sector  Conglomerates
 
Price: $2.8200 $-0.14 -4.730%
Day's High: $2.96 Week Perf: -6 %
Day's Low: $ 2.76 30 Day Perf: -20.11 %
Volume (M): 3,279 52 Wk High: $ 14.61
Volume (M$): $ 9,246 52 Wk Avg: $7.76
Open: $2.96 52 Wk Low: $2.74



 Market Capitalization (Millions $) 286
 Shares Outstanding (Millions) 101
 Employees 146
 Revenues (TTM) (Millions $) 573
 Net Income (TTM) (Millions $) -198
 Cash Flow (TTM) (Millions $) -30
 Capital Exp. (TTM) (Millions $) 23

Digital Turbine Inc

Digital Turbine, through its subsidiaries, innovates at the convergence of media and mobile communications, delivering end-to-end products and solutions for mobile operators, application advertisers, device original equipment manufacturers ("OEMs"), and other third parties to enable them to effectively monetize mobile content and generate higher value user acquisition. The Company operates its business in two reportable segments – Advertising and Content.

The Companys Advertising business is comprised of two businesses:

Operator and OEM ("O&O"), an advertiser solution for unique and exclusive carrier and OEM inventory which is comprised of services including:

Ignite™ ("Ignite"), a mobile device management platform with targeted application distribution capabilities, and

Other professional services directly related to the Ignite platform.

Advertiser and Publisher ("A&P"), a worldwide mobile user acquisition network which is comprised of the Syndicated network service.
The Companys Content business is comprised of services including:

Marketplace™ ("Marketplace"), an application and content store, and

Pay™ ("Pay"), a content management and mobile payment solution.
With global headquarters in Austin, Texas and offices in Durham, North Carolina, San Francisco, California, Singapore, Sydney, and Tel Aviv, Digital Turbine’s solutions are available worldwide.

Company made certain segment realignments in order to conform to the way the Company manages segment performance. This realignment was driven primarily by the acquisition of Appia, Inc. on March 6, 2015. The Company has recast prior period amounts to provide visibility and comparability. None of these changes impact the Company’s previously reported consolidated net revenue, gross margin, operating income, net income, or earnings per share.
The Company manages its business in three operating segments: Operators and OEMs, Advertisers and Publishers, and Content. The three operating segments have been aggregated into two reportable segments: Advertising and Content.



   Company Address: 110 San Antonio Street, Austin, 78701 TX
   Company Phone Number: 387-7717   Stock Exchange / Ticker: NASDAQ APPS
   


Customers Net Income grew by APPS's Customers Net Profit Margin grew to

52.34 %

17.28 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AAPL        0.28% 
AMZN   -0.52%    
BIDU   -0.47%    
GOOG        6.35% 
META   -0.55%    
SNAP   -6.03%    
• View Complete Report
   



Digital Turbine Inc

Digital Turbine Inc. Struggles to Overcome Financial Obstacles in the Face of Declining Stock Prices and Revenue

Digital Turbine Inc. has experienced a significant decline in its stock price, dropping by -69.25% from the previous year and -23.92% during the first quarter of 2024. This has left the stock trading only 28.8% above its 52-week low, indicating a bearish sentiment among investors.
The financial results for the third quarter of 2024 paint a challenging picture for the company. Losses have extended to $-0.14 per share, compared to earnings of $0.04 per share a year ago. On the revenue front, there has been a considerable decline of -12.122% to $142.63 million from $162.31 million in the same period last year. Sequentially, revenue decreased by -0.694% from $143.63 million. These figures suggest a concerning trend in the company's financial performance.

Digital Turbine Inc

Digital Turbine Inc Plunges into Deeper Losses at $-1.61 Amidst Latest Fiscal Period

Financial News Report:
Digital Turbine Inc Reports Loss, Revenue Decrease in Most Recent Fiscal Period
Digital Turbine Inc, a leading mobile software company, has reported a significant loss per share in its most recent fiscal period. For this period, the company posted a loss of $-1.61 per share, compared to a profit of $0.11 per share in the same period a year ago. This represents a substantial increase in losses from the previous financial reporting period, where the company reported a loss of $-0.08 per share.
Alongside the loss, Digital Turbine Inc also experienced a decrease in revenue. The company's revenue dropped by -17.859% to $143.63 million, down from $174.86 million in the corresponding financial reporting period a year ago. Sequentially, the revenue decreased by -1.869% from $146.37 million.

Digital Turbine Inc

Digital Turbine Inc Faces Challenging First Quarter, But Industry Shows Resilience

Despite the weak orders and rise in losses reported in the first quarter of 2024 by Digital Turbine Inc, there are still positive aspects to consider in the stock market. While the company experienced a net loss per share increase to $-0.08 from $0.15, and a decrease in revenue by -22.407% to $146.37 million from $188.63 million in the previous year, it is important to note the overall industry performance.
Contrary to Digital Turbine Inc's scenario, the Conglomerates industry as a whole recorded a top-line gain of 8.07% compared to the first quarter of 2023. This demonstrates that while one company may struggle, the industry as a whole is still performing well. Additionally, in contrast to the previous quarter, Digital Turbine Inc saw a 4.459% increase in revenue from $140.12 million, indicating progress in its financials.

Digital Turbine Inc

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As a human observing the stock market, it is important to exercise caution in light of Digital Turbine Inc's financial report. While the company achieved a return on invested assets (ROI) of 1.61% in its fourth quarter of 2023, this is barely above the average return on investment for the sector and the company's ROI has decreased relative to the previous quarter. It is concerning that the company's ROI is still above the average return on investment of -30.1%, which suggests that the sector as a whole is not doing well.
Furthermore, within the conglomerates sector, six other companies had a higher return on investment than Digital Turbine Inc, suggesting that the company may not be performing as well as its peers. The company's total ranking has also deteriorated compared to the previous quarter, which can be attributed to declining business caused by a drop in revenue.






 

Digital Turbine Inc's Segments
 
 
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