Digital Turbine Earnings Calls

Q4 2024
Release date Feb 05, 2025
EPS estimate $0.130
EPS actual $0.130
Revenue estimate 116.209M
Revenue actual 134.637M
Revenue Surprise 15.86%
Q3 2024 Missed
$0.0500 (-10.71%)
Release date Nov 06, 2024
EPS estimate $0.0560
EPS actual $0.0500
EPS Surprise -10.71%
Revenue estimate 125.85M
Revenue actual 118.728M
Revenue Surprise -5.66%
Q2 2024 Beat
$0.0700 (75.00%)
Release date Aug 07, 2024
EPS estimate $0.0400
EPS actual $0.0700
EPS Surprise 75.00%
Revenue estimate 116.03M
Revenue actual 117.989M
Revenue Surprise 1.69%
Q1 2024 Beat
$0.120 (82.37%)
Release date May 28, 2024
EPS estimate $0.0658
EPS actual $0.120
EPS Surprise 82.37%
Revenue estimate 117.69M
Revenue actual 112.223M
Revenue Surprise -4.65%

Last 4 Quarters for Digital Turbine

Below you can see how APPS performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.

Q1 2024 Beat
Release date May 28, 2024
Fiscal end date Mar 31, 2024
Price on release $2.24
EPS estimate $0.0658
EPS actual $0.120
EPS surprise 82.37%
Date Price
May 21, 2024 $2.34
May 22, 2024 $2.34
May 23, 2024 $2.19
May 24, 2024 $2.14
May 28, 2024 $2.24
May 29, 2024 $1.86
May 30, 2024 $1.94
May 31, 2024 $1.89
Jun 03, 2024 $1.75
4 days before -4.27%
4 days after -21.88%
On release day -16.96%
Change in period -25.21%
Q2 2024 Beat
Release date Aug 07, 2024
Fiscal end date Jun 30, 2024
Price on release $1.78
EPS estimate $0.0400
EPS actual $0.0700
EPS surprise 75.00%
Date Price
Aug 01, 2024 $2.21
Aug 02, 2024 $1.98
Aug 05, 2024 $1.84
Aug 06, 2024 $1.78
Aug 07, 2024 $1.78
Aug 08, 2024 $2.88
Aug 09, 2024 $3.12
Aug 12, 2024 $2.81
Aug 13, 2024 $3.25
4 days before -19.46%
4 days after 82.58%
On release day 61.80%
Change in period 47.06%
Q3 2024 Missed
Release date Nov 06, 2024
Fiscal end date Sep 30, 2024
Price on release $3.24
EPS estimate $0.0560
EPS actual $0.0500
EPS surprise -10.71%
Date Price
Oct 31, 2024 $3.20
Nov 01, 2024 $3.16
Nov 04, 2024 $3.11
Nov 05, 2024 $3.25
Nov 06, 2024 $3.24
Nov 07, 2024 $1.79
Nov 08, 2024 $1.46
Nov 11, 2024 $1.40
Nov 12, 2024 $1.36
4 days before 1.25%
4 days after -58.02%
On release day -44.75%
Change in period -57.50%
Q4 2024
Release date Feb 05, 2025
Fiscal end date Dec 31, 2024
Price on release $2.54
EPS estimate $0.130
EPS actual $0.130
Date Price
Jan 30, 2025 $2.51
Jan 31, 2025 $2.62
Feb 03, 2025 $2.54
Feb 04, 2025 $2.48
Feb 05, 2025 $2.54
Feb 06, 2025 $4.99
Feb 07, 2025 $4.90
Feb 10, 2025 $5.38
Feb 11, 2025 $5.45
4 days before 1.20%
4 days after 114.57%
On release day 96.46%
Change in period 117.13%

Digital Turbine Earnings Call Transcript Summary of Q4 2024

They have outlined three key growth drivers:
  • Expanding Device Footprint: Expect 70 million new devices with Ignite capabilities; promising relationships with Motorola and other global operators.
  • Product Portfolio Expansion: Focusing on ad tech consolidation and leveraging new ad products such as Digital Turbine Exchange (DTX) and SingleTap.
  • Enhancing Media Relationships: New partnerships with brands like GroupM are projected to unlock significant media dollar opportunities.

Operational Improvements

  • Cost Efficiency: The company has emphasized expense management and operational efficiencies, with cash operating expenses down 5% YoY. They expect these measures to support profitability during growth recovery.
  • Cash Flow Management: Despite temporarily negative free cash flow of $15.6 million due to invoicing delays, the company anticipates returning to positive cash flow in the latter half of FY 2025.

Long-Term Vision

  • Alternative App Market Strategy: Investments in alternative app distribution, including partnerships with Aptoide, Flexion, and ONE Store, position the company to capitalize on new opportunities in alternative app ecosystems.
  • CEO's Commitment: CEO Bill Stone reiterated their commitment to returning the company to growth, supported by a new leadership addition (Michael Ackerman as Chief Business Officer) and ongoing strategic initiatives.

Financial Guidance

  • FY 2025 Outlook: Management provided guidance for FY 2025 with projected revenue of $540 million to $560 million and non-GAAP adjusted EBITDA between $85 million and $95 million, indicating a cautious optimism about recovery and long-term performance.

Conclusion

Investors should focus on the promising growth strategies outlined, improving financial metrics, particularly in brand and media partnerships, as well as the company's adaptability to ongoing market challenges. The transition towards a more robust and diversified business model is pivotal for future performance, with a clear emphasis on efficient operations and new revenue channels.

Digital Turbine Earnings History

Earnings Calendar

FAQ

When is the earnings report for APPS?
Digital Turbine (APPS) has scheduled its earnings report for May 27, 2025 after the markets close.

What is the APPS price-to-earnings (P/E) ratio?
APPS P/E ratio as of Feb 13, 2025 (TTM) is -2.06.

What is the APPS EPS forecast?
The forecasted EPS (Earnings Per Share) for Digital Turbine (APPS) for the first fiscal quarter 2025 is $.

What are Digital Turbine's retained earnings?
On its balance sheet, Digital Turbine reported retained earnings of $134.64 million for the latest quarter ending Dec 31, 2024.

What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.

Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.

What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
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ABOUT DIGITAL TURBINE
Digital Turbine
Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). The company operates through three segments: On Device Media, In App Media – AdColony, and In App Media – Fyber. Its application media platform delivers mobile applications to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, ...
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