Digital Turbine, Inc. (NASDAQ:APPS) is set to announce second quarter earning results on Thursday 29th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, APPS to report 2Q21 income of $ 0.11 per share from revenue of $ 60.53 million.
For the full year, analysts anticipate top line of $ 245.31 million, while looking forward to income of $ 0.47 per share bottom line.
The Company Outlook
Earnings for 2Q21 are anticipated in a range of $ 0.11 ~ $ 0.12 per share, while revenues are expected in a range of $ 59.00 million ~ $ 61.00 million
Click Here For More Historical Outlooks Of Digital Turbine, Inc.
Previous Quarter Performance
Digital Turbine, Inc. outlined income for the first quarter of $ 0.13 per share, from the revenue of $ 59.01 million. The consensus estimates are income of $ 0.09 per share from $ 48.56 million in revenue. The bottom line results beat street analysts by $ 0.04 or 44.44 percent, at the same time, top line results outshined analysts by $ 10.45 million or 21.52 percent.
Stock Performance
Shares of Digital Turbine, Inc. traded low $ -1.46 or -4.64 percent on Wednesday, reaching $ 30.03 with volume of 2.57 million shares. Digital Turbine, Inc. has traded high as $ 30.92 and has cracked $ 29.34 on the downward trend
According to the previous trading day, closing price of $ 30.03, representing a 804.89 % increase from the 52 week low of $ 3.48 and a 25.66 % decrease over the 52 week high of $ 42.36.
The company has a market capital of $ 2.63 billion and is part of the Technology sector and Software – Application industry.
Conference Call
Digital Turbine, Inc. will be hosting a conference call at 4:30 PM eastern time on 29th October 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.digitalturbine.com
Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication products and solutions for mobile operators, application developers, device original equipment manufacturers (OEMs), and other third parties worldwide. It provides Ignite, a software platform that enables mobile operators and OEMs to control, manage, and monetize devices. The company offers other products and professional services directly related to the Ignite platform.
