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$Digital Turbine (APPS.US)$ Digital Turbine Reports Fiscal 2025 First Quarter Financial Results
First Quarter Revenue Totaled $118.0 Million
First Quarter GAAP Net Loss of $25.2 Million, or GAAP EPS of ($0.25); First Quarter Non-GAAP Adjusted Net Income1 of $7.3 Million and Non-GAAP Adjusted EPS1 of $0.07
First Quarter Non-GAAP Adjusted EBITDA2 Totaled $14.5 Million
Austin, TX – August 7, 2024 – Digital Turbine, Inc. (Nasdaq: APPS) announced financial results for the fiscal first quarter ended June 30, 2024.
Recent Financial Highlights:
•Fiscal first quarter of 2025 revenue totaled $118.0 million, representing an increase of 5% quarter-over-quarter as compared to the fiscal fourth quarter of 2024, and a decline of 19% year-over-year as compared to the fiscal first quarter of 2024.
•GAAP net loss for the fiscal first quarter of 2025 was $25.2 million, or ($0.25) per share, as compared to GAAP net loss for the fiscal first quarter of 2024 of $8.4 million, or ($0.08) per share. Non-GAAP adjusted net income1 for the fiscal first quarter of 2025 was $7.3 million, or $0.07 per share, as compared to Non-GAAP adjusted net income1 of $18.2 million, or $0.18 per share, in the fiscal first quarter of 2024.
•Non-GAAP adjusted EBITDA2 for the fiscal first quarter of 2025 was $14.5 million, representing an increase of 18% quarter-over-quarter as compared to the fiscal fourth quarter of 2024, and a decline of 46% year-over-year as compared to Non-GAAP adjusted EBITDA2 of $27.0 million in the fiscal first quarter of 2024.
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