Digital Turbine Q4 2024 Adj EPS $0.12 Beats $0.07 Estimate, Sales $112.220M Miss $117.690M Estimate
Portfolio Pulse from Benzinga Newsdesk
Digital Turbine (NASDAQ: APPS) reported Q4 2024 adjusted EPS of $0.12, beating the analyst estimate of $0.07. However, sales of $112.220 million missed the $117.690 million estimate and were down 19.91% year-over-year.
May 28, 2024 | 8:10 pm
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Digital Turbine's Q4 2024 EPS of $0.12 beat estimates by 71.43%, but sales of $112.220 million missed expectations and were down 19.91% year-over-year.
While the EPS beat is a positive sign, the miss on sales and the significant year-over-year decline in revenue could create mixed reactions in the market. Investors may be cautious due to the sales miss and declining revenue trend.
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