Recap: Digital Turbine Q4 Earnings
Portfolio Pulse from Benzinga Insights
Digital Turbine (NASDAQ:APPS) reported Q4 earnings with an EPS of $0.14, missing estimates by 22.22%. Revenue was down $44.02 million from the same period last year. Last quarter, the company missed on EPS by $0.08, followed by a 23.97% drop in share price the next day.
May 24, 2023 | 8:16 pm
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Digital Turbine missed Q4 earnings estimates with an EPS of $0.14, down 22.22% from estimates. Revenue was down $44.02 million YoY. Last quarter's miss resulted in a 23.97% share price drop.
Digital Turbine missed Q4 earnings estimates by 22.22%, reporting an EPS of $0.14 compared to the estimated $0.18. Additionally, revenue was down $44.02 million from the same period last year. Given the company's past performance, where a miss on EPS last quarter led to a 23.97% drop in share price the next day, it is likely that the stock price will be negatively impacted in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100