Headquartered in Austin, TX Fiscal year ends March NASDAQ: APPS digitalturbine.com
Digital Turbine, Inc. (Nasdaq: APPS) is a mobile technology company. It runs an end-to-end platform that helps telcos, device makers, advertisers and app publishers drive awareness, user acquisition and monetization across mobile devices. It reports two segments.
- **On Device Solutions (ODS):** partners with wireless carriers and device OEMs to deliver apps and content directly on smartphones. Its revenue is concentrated among a limited number of carriers and customers.
- **App Growth Platform (AGP):** provides advertising and monetization tools for app developers and advertisers.
The company says it increasingly applies data and AI to improve platform performance. It earns revenue largely through advertising and pays revenue share to partners, which is its largest cost. It carries significant debt following a 2025 refinancing. In the quarter it sold a dormant ad exchange acquired with AdColony in 2021. Updated
The company swung to GAAP net income of $10.3 million from a $21.4 million loss a year ago, turning profitable as revenue grew 36.5%. Management guided fiscal 2027 revenue to $670 million to $690 million against a $1.4 billion market cap.
The resultant 20+% revenue growth in both our ODS segment and AGP segment during the second quarter, along with operating leverage efficiencies, enabled us to achieve 46% adjusted EBITDA growth in the quarter.
Both business lines growing north of 20% at once is new for Digital Turbine, and the cost base barely moved, so profit growth ran more than twice the top line. At a $1.4 billion market cap, that operating leverage is the whole bull case.
Our strong second quarter results are further testament to the positive momentum underlying the business.
CEO Bill Stone is claiming momentum at a $1.4 billion ad tech name that has spent the cycle watching AppLovin take the share. Fiscal 2027 Q2 results are the first real test of whether that gap is finally narrowing.
The 9.12% intraday move is stock-specific, not a sector trade, with Google down 1.14% and Amazon down 0.71% on the day.
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Buyers shrugged off the Pomerantz class action filed hours earlier, lifting AppLovin to $397.20.
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A 13.8% slide to $8.79 follows this morning's announcement that second-quarter results are delayed, leaving holders of a $1.1 billion company without numbers to price. Delayed filings rarely stay a one-day story, so watch for a new reporting date.
Digital Turbine is down 12.5% to $8.93 an hour after announcing a delay to its Q2 earnings report. On a $1.1 billion market cap, a postponed report leaves investors with no numbers to anchor to until it lands.
Accenture opened 22% higher, a move you almost never see from a mega-cap IT services name, while Corteva dropped 82% to $13.96 at the other end of the board. Synopsys, McKesson and IBM round out a gainers list that is all up at least 5.9%.
Arm closed up 17.19% at $323, topping a session where four other priority names each added more than 12%. Declines stayed shallow: Novo Nordisk's 7.94% drop was the only one past 4%, with Exxon Mobil and Chevron down under 3%.
An 11.07% intraday run to $11.94 is a big single-session swing for a $1.4 billion small cap, where moves that size can reset the whole quarter's trend. Whether it holds into the close is the tell.
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Digital Turbine, Inc. (Nasdaq: APPS) is a mobile technology company. It runs an end-to-end platform that helps telcos, device makers, advertisers and app publishers drive awareness, user acquisition and monetization across mobile devices.
The Wall Street consensus 12-month price target for APPS is $17.00.
