Digital Turbine Sees Q1 Adj. EPS $0.11-$0.13 vs $0.22 Est., Revenue $140M-$145M vs $148.53M Est.
Portfolio Pulse from Benzinga Newsdesk
Digital Turbine expects Q1 adjusted EPS of $0.11-$0.13, lower than the estimated $0.22, and revenue of $140M-$145M, below the $148.53M estimate.
May 24, 2023 | 8:09 pm
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NEGATIVE IMPACT
Digital Turbine's Q1 adjusted EPS and revenue guidance is lower than expected, potentially impacting its stock price.
Digital Turbine's lower-than-expected Q1 adjusted EPS and revenue guidance may lead to negative sentiment among investors, potentially causing the stock price to decline in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100