Digital Turbine Q4 Adj. EPS $0.14 Misses $0.18 Estimate, Sales $140.10M Beat $138.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
Digital Turbine (NASDAQ:APPS) reported Q4 adjusted EPS of $0.14, missing the $0.18 estimate, and sales of $140.10M, beating the $138.66M estimate. This represents a 64.1% decrease in earnings and a 23.91% decrease in sales compared to the same period last year.
May 24, 2023 | 8:08 pm
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Digital Turbine's Q4 earnings missed estimates with a 64.1% decrease YoY, while sales beat estimates but decreased by 23.91% YoY.
Digital Turbine's Q4 earnings missed analyst estimates by 22.22% and showed a significant decrease compared to the same period last year. Although sales beat estimates, they also decreased by 23.91% YoY. This negative performance is likely to have a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100