Digital Turbine, Inc. (NASDAQ:APPS) shares rallied in Tuesday's extended trading after the company released its third-quarter earnings report.
Here's a look at the key figures from the quarter.
The Details: Digital Turbine reported quarterly earnings of 18 cents per share, which beat the analyst consensus of 12 cents by 56.52%, according to Benzinga Pro.
Quarterly revenue of $151.4 million beat the Street estimate of $145.73 million.
Non-GAAP adjusted EBITDA was $38.8 million, representing an increase of 76% year-over-year and free cash flow totaled $6.4 million in the third quarter.
“Our December quarter results reflected a continuance of our positive business momentum,” said CEO Bill Stone. “I was particularly pleased with the breadth and diversity of our results, which were driven by strong demand, expanding global supply, and great execution by our team. Collectively, it enabled us to once again deliver upside results and raise our full-year fiscal 2026 outlook.”
Outlook: Digital Turbine raised its fiscal 2026 revenue outlook to a range of $553 million to $558 million.
APPS Stock Price: According to data from Benzinga Pro, Digital Turbine stock climbed 12.89% to $5.58 in Tuesday's extended trading.
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