AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Digital Turbine Inc. (APPS) on Wednesday reported a loss of $25 million in its fiscal second quarter.
The Austin, Texas-based company said it had a loss of 24 cents per share. Earnings, adjusted for amortization costs and stock option expense, came to 5 cents per share.
The mobile software company posted revenue of $118.7 million in the period.
Digital Turbine expects full-year revenue in the range of $475 million to $485 million.
In the final minutes of trading on Wednesday, the company's shares hit $3.24. A year ago, they were trading at $5.01.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APPS at https://www.zacks.com/ap/APPS
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