Digital Turbine Shares Climb on 3Q Revenue Beat, Raised Outlook

Dow Jones

06 Feb

By Katherine Hamilton

Shares of Digital Turbine climbed after the company posted better-than-expected fiscal third-quarter revenue and raised its 2025 outlook.

The stock rose 59% to $4.05 in morning trading Thursday. It has lost about 23% of its value over the past year.

The Austin, Texas, advertising company posted a loss of $23.1 million, or 22 cents a share, for the quarter ended Dec. 31, compared with $14.1 million, or 14 cents a share, the previous year.

Adjusted earnings per share were 13 cents a share, ahead of the 1-cent loss expected by Wall Street, according to FactSet.

Revenue slipped 5.6% to $134.6 million. Analysts polled by FactSet expected $123.7 million in revenue.

Digital Turbine raised its 2025 revenue outlook to between $485 million and $490 million, up from previous guidance of $475 million to $485 million. Analysts were expecting $477 million.

The third-quarter results represent an improvement from the previous quarter, when revenue fell 17% year over year, missing Wall Street's estimates, and the company lowered its full-year revenue outlook from prior guidance of $550 million at the midpoint.

Strong advertiser and publisher demand helped drive revenue in the third quarter, Chief Executive Bill Stone said.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

February 06, 2025 10:21 ET (15:21 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2509702982"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2509702982\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2509702982?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-06 23:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2509702982","market":"nz","top_or_hot":-1,"title":"Digital Turbine Shares Climb on 3Q Revenue Beat, Raised Outlook","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Katherine Hamilton \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares of Digital Turbine climbed after the company posted better-than-expected fiscal third-quarter revenue and raised its 2025 outlook. \n</p>\n<p>\n  The stock rose 59% to $4.05 in morning trading Thursday. It has lost about 23% of its value over the past year. \n</p>\n<p>\n  The Austin, Texas, advertising company posted a loss of $23.1 million, or 22 cents a share, for the quarter ended Dec. 31, compared with $14.1 million, or 14 cents a share, the previous year. \n</p>\n<p>\n  Adjusted earnings per share were 13 cents a share, ahead of the 1-cent loss expected by Wall Street, according to FactSet. \n</p>\n<p>\n  Revenue slipped 5.6% to $134.6 million. Analysts polled by FactSet expected $123.7 million in revenue. \n</p>\n<p>\n  Digital Turbine raised its 2025 revenue outlook to between $485 million and $490 million, up from previous guidance of $475 million to $485 million. Analysts were expecting $477 million. \n</p>\n<p>\n  The third-quarter results represent an improvement from the previous quarter, when revenue fell 17% year over year, missing Wall Street's estimates, and the company lowered its full-year revenue outlook from prior guidance of $550 million at the midpoint. \n</p>\n<p>\n  Strong advertiser and publisher demand helped drive revenue in the third quarter, Chief Executive Bill Stone said. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 06, 2025 10:21 ET (15:21 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Digital Turbine Shares Climb on 3Q Revenue Beat, Raised Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDigital Turbine Shares Climb on 3Q Revenue Beat, Raised Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-06 23:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Katherine Hamilton \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares of Digital Turbine climbed after the company posted better-than-expected fiscal third-quarter revenue and raised its 2025 outlook. \n</p>\n<p>\n  The stock rose 59% to $4.05 in morning trading Thursday. It has lost about 23% of its value over the past year. \n</p>\n<p>\n  The Austin, Texas, advertising company posted a loss of $23.1 million, or 22 cents a share, for the quarter ended Dec. 31, compared with $14.1 million, or 14 cents a share, the previous year. \n</p>\n<p>\n  Adjusted earnings per share were 13 cents a share, ahead of the 1-cent loss expected by Wall Street, according to FactSet. \n</p>\n<p>\n  Revenue slipped 5.6% to $134.6 million. Analysts polled by FactSet expected $123.7 million in revenue. \n</p>\n<p>\n  Digital Turbine raised its 2025 revenue outlook to between $485 million and $490 million, up from previous guidance of $475 million to $485 million. Analysts were expecting $477 million. \n</p>\n<p>\n  The third-quarter results represent an improvement from the previous quarter, when revenue fell 17% year over year, missing Wall Street's estimates, and the company lowered its full-year revenue outlook from prior guidance of $550 million at the midpoint. \n</p>\n<p>\n  Strong advertiser and publisher demand helped drive revenue in the third quarter, Chief Executive Bill Stone said. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 06, 2025 10:21 ET (15:21 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"APPS","symbol_name":"Digital Turbine Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2509702982","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509702982","pubTimestamp":1738855260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Digital Turbine climbed after the company posted better-than-expected fiscal third-quarter revenue and raised its 2025 outlook.The stock rose 59% to $4.05 in morning trading Thursday. It has lost about 23% of its value over the past year.The Austin, Texas, advertising company posted a loss of $23.1 million, or 22 cents a share, for the quarter ended Dec. 31, compared with $14.1 million, or 14 cents a share, the previous year.Adjusted earnings per share were 13 cents a share, ahead of the 1-cent loss expected by Wall Street, according to FactSet.Revenue slipped 5.6% to $134.6 million. Analysts polled by FactSet expected $123.7 million in revenue.Digital Turbine raised its 2025 revenue outlook to between $485 million and $490 million, up from previous guidance of $475 million to $485 million. Analysts were expecting $477 million.The third-quarter results represent an improvement from the previous quarter, when revenue fell 17% year over year, missing Wall Street's estimates, an","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"APPS":"Digital Turbine Inc."},"translate_title":"Digital Turbine股价因第三季度营收超出预期而攀升，前景上调","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APPS":1},"content_text":"By Katherine Hamilton \n\n\n \n\n\n  Shares of Digital Turbine climbed after the company posted better-than-expected fiscal third-quarter revenue and raised its 2025 outlook. \n\n\n  The stock rose 59% to $4.05 in morning trading Thursday. It has lost about 23% of its value over the past year. \n\n\n  The Austin, Texas, advertising company posted a loss of $23.1 million, or 22 cents a share, for the quarter ended Dec. 31, compared with $14.1 million, or 14 cents a share, the previous year. \n\n\n  Adjusted earnings per share were 13 cents a share, ahead of the 1-cent loss expected by Wall Street, according to FactSet. \n\n\n  Revenue slipped 5.6% to $134.6 million. Analysts polled by FactSet expected $123.7 million in revenue. \n\n\n  Digital Turbine raised its 2025 revenue outlook to between $485 million and $490 million, up from previous guidance of $475 million to $485 million. Analysts were expecting $477 million. \n\n\n  The third-quarter results represent an improvement from the previous quarter, when revenue fell 17% year over year, missing Wall Street's estimates, and the company lowered its full-year revenue outlook from prior guidance of $550 million at the midpoint. \n\n\n  Strong advertiser and publisher demand helped drive revenue in the third quarter, Chief Executive Bill Stone said. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 06, 2025 10:21 ET (15:21 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}