Digital Turbine, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Digital Turbine, Inc. reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 15 cents. The mean expectation of four analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 16 cents to 19 cents per share.

• Revenue rose 27.3% to $178.68 million from a year ago; analysts expected $166.75 million.

• Digital Turbine, Inc.'s reported EPS for the quarter was 6 cents​.

• The company reported quarterly net income of $10.28 million.

• Digital Turbine, Inc. shares had fallen by 6.5% this quarter and gained 107.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.7% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Digital Turbine, Inc. is $17.00, about 38.9% above its last closing price of $10.38

This summary was machine generated from LSEG data November 9 at 10:43 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)