Digital Turbine (NASDAQ:APPS) reported its Q4 earnings results on Tuesday, May 31, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Digital Turbine reported in-line EPS of $0.39 versus an estimate of $0.39.
Revenue was up $89.05 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 8.85% increase in the share price the next day.
Here’s a look at Digital Turbine’s past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.43 | 0.39 | 0.31 | 0.19 |
| EPS Actual | 0.49 | 0.44 | 0.34 | 0.25 |
| Revenue Estimate | 353.27M | 306.53M | 190.28M | 88.01M |
| Revenue Actual | 375.49M | 310.20M | 212.62M | 95.08M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Digital Turbine management provided guidance for FY 2022, expecting earnings between $1.66 and $1.68 per share.
To track all earnings releases for Digital Turbine visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
