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DIGITAL TURBINE INC COM USD0.0001DIGITAL TURBINE INC COM USD0.0001DIGITAL TURBINE INC COM USD0.0001

DIGITAL TURBINE INC COM USD0.0001

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APPS time to reload more?Digital Turbine (APPS) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.68%. A quarter ago, it was expected that this mobile software company would post earnings of $0.22 per share when it actually produced earnings of $0.25, delivering a surprise of 13.64%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Digital Turbine, Software industry, posted revenues of $212.62 million for the quarter ended June 2021, surpassing the Zacks Consensus Estimate by 11.87%. This compares to year-ago revenues of $59.01 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
NASDAQ:APPSLong
by ShukriMahadi
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