Digital Turbine Sees Q4 Adj. EPS $0.13-$0.15 vs $0.17 Est., Revenue $141M-$149M vs $150.31M Est.
Portfolio Pulse from Benzinga Newsdesk
Digital Turbine has projected its Q4 adjusted EPS to be between $0.13 and $0.15, lower than the estimated $0.17. The company also expects its revenue to be between $141M and $149M, which is less than the estimated $150.31M.
August 08, 2023 | 10:13 pm
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Digital Turbine's lower than expected Q4 earnings and revenue projections may negatively impact its stock price.
Lower than expected earnings and revenue projections are typically seen as negative by investors and can lead to a decrease in the stock price. As Digital Turbine's projections are lower than estimates, this could negatively impact the company's stock price.
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