AP NEWS

Digital Turbine: Fiscal 1Q Earnings Snapshot

August 9, 2018

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APPS at https://www.zacks.com/ap/APPS

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