Digital Turbine: Fiscal 1Q Earnings Snapshot
AUSTIN, Texas (AP) _ Digital Turbine Inc. (APPS) on Thursday reported fiscal first-quarter net income of $484,000, after reporting a loss in the same period a year earlier.
The Austin, Texas-based company said it had profit of 1 cent per share. Losses, adjusted for one-time gains and costs, were 1 cent per share.
The mobile software company posted revenue of $22.1 million in the period.
For the current quarter ending in October, Digital Turbine said it expects revenue in the range of $23 million.
In the final minutes of trading on Thursday, the company’s shares hit $1.44. A year ago, they were trading at $1.11.