Second Quarter Revenue Totaled $118.7 Million

Second Quarter GAAP Net Loss of $25.0 Million, or GAAP EPS of ($0.24); Second Quarter Non-GAAP Adjusted Net Income1 of $5.0 Million and Non-GAAP Adjusted EPS1 of $0.05

Second Quarter Non-GAAP Adjusted EBITDA2 Totaled $15.3 Million

AUSTIN, Texas, Nov. 6, 2024 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS) announced financial results for the fiscal second quarter ended September 30, 2024.

Recent Financial Highlights:

Fiscal second quarter of 2025 revenue totaled $118.7 million, representing an increase of 1% quarter-over-quarter as compared to the fiscal first quarter of 2025, and a decline of 17% year-over-year as compared to the fiscal second quarter of 2024.GAAP net loss for the fiscal second quarter of 2025 was $25.0 million, or ($0.24) per share, as compared to GAAP net loss for the fiscal second quarter of 2024 of $161.5 million, or ($1.61) per share, which included a noncash goodwill impairment charge of $147.2 million. Non-GAAP adjusted net income1 for the fiscal second quarter of 2025 was $5.0 million, or $0.05 per share, as compared to Non-GAAP adjusted net income1 of $13.9 million, or $0.13 per share, in the fiscal second quarter of 2024.Non-GAAP adjusted EBITDA2 for the fiscal second quarter of 2025 was $15.3 million, representing an increase of 6% quarter-over-quarter as compared to the fiscal first quarter of 2025, and a decline of 45% year-over-year as compared to Non-GAAP adjusted EBITDA2 of $27.7 million in the fiscal second quarter of 2024.The Company has initiated a transformation program designed to drive greater efficiency and enhance cash flow generation while accelerating innovation and future growth. The program is underway and is targeted to yield more than $25 million in annual cash expense savings.The Company announced the acquisition of ONE Store International to create a leading comprehensive and competitive alternative app ecosystem beyond the traditional app store model, offering greater value to app developers, consumers and mobile operators.

Digital Turbine bringt eine Reihe von Lösungen für das Wachstum von Android- und iOS-Apps, einschließlich des marktführenden alternativen App-Marktplatzes von ONE Store, nach Nordamerika, in die EU und nach LATAM

AUSTIN, Texas und SEOUL, Südkorea, 31. Oktober 2024 /PRNewswire/ -- Digital Turbine, der weltweit führende Anbieter von Wachstumslösungen für das mobile Ökosystem, und ONE Store, der führende alternative App-Marktplatz in Südkorea, geben heute bekannt, dass Digital Turbine ONE Store International, eine Tochtergesellschaft von ONE Store, die sich auf die globale Expansion konzentriert, übernimmt.

Collaboration to Combine App Market Expertise, Global Device Footprint and Innovative Technology Strengthening Partnership Following the Establishment of the Partnership in February 2024 ONE Store Continues Strategic Global Expansion with Regional Customization and Optimal Partnerships

SEOUL, South Korea, Oct. 30, 2024 /PRNewswire/ -- ONE Store, Korea's leading app marketplace, announced that it has signed a platform and service agreement with Digital Turbine, the global leader in growth solutions for the mobile ecosystem, to expand its app marketplace services into global markets, empowering app developers to take control of their application distribution and grow their business globally beyond the incumbent app stores.

Digital Turbine Will Bring a Suite of Android and iOS App Growth Solutions, Including ONE Store's Market Leading Alternative App Marketplace, to North America, the EU, and LATAM

AUSTIN, Texas and SEOUL, South Korea, Oct. 30, 2024 /PRNewswire/ -- Digital Turbine, the global leader in growth solutions for the mobile ecosystem, and ONE Store, the leading alternative app marketplace in South Korea, today announce that Digital Turbine is acquiring ONE Store International, a subsidiary of ONE Store focused on global expansion.

Digital Turbine Will Bring a Suite of Android and iOS App Growth Solutions, Including ONE Store's Market Leading Alternative App Marketplace, to North America, the EU, and LATAM

AUSTIN, Texas and SEOUL, South Korea, Oct. 30, 2024 /PRNewswire/ -- Digital Turbine, the global leader in growth solutions for the mobile ecosystem, and ONE Store, the leading alternative app marketplace in South Korea, today announce that Digital Turbine is acquiring ONE Store International, a subsidiary of ONE Store focused on global expansion.

Digital Turbine Will Bring a Suite of Android and iOS App Growth Solutions, Including ONE Store's Market Leading Alternative App Marketplace, to North America, the EU, and LATAM

AUSTIN, Texas and SEOUL, South Korea, Oct. 30, 2024 /PRNewswire/ -- Digital Turbine, the global leader in growth solutions for the mobile ecosystem, and ONE Store, the leading alternative app marketplace in South Korea, today announce that Digital Turbine is acquiring ONE Store International, a subsidiary of ONE Store focused on global expansion.

AUSTIN, Texas, Oct. 25, 2024 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), a global mobile platform company, announced it will host a conference call and webcast to discuss its fiscal 2025 second quarter financial results and operating progress on Wednesday, November 6th, at 6:00pm ET/1:30pm PT. The call, hosted by Digital Turbine's Chief Executive Officer Bill Stone and Chief Financial Officer Barrett Garrison, can be accessed via webcast link: https://app.webinar.net/pvYVXg0ZeQo. The call can also be accessed by dialing 888-317-6003 in the United States (or 412-317-6061 from international locations) and entering access code 4716696. A live and archived webcast of the call can be accessed via the Investor Relations section of Digital Turbine's website. The webcast will be archived for a period of one year.

AUSTIN, Texas, Aug. 15, 2024 /PRNewswire/ -- In collaboration with researchers at King's Business School, Bayes Business School (City, University of London), and Vrije Universiteit Amsterdam, Digital Turbine announced the release of "The Ultimate Guide to Interactive Mobile Video Ads," highlighting the significant impact of interactive elements in mobile video ads on increasing brand choice and consumer engagement. The report analyzed 250 mobile advertising campaigns and surveyed nearly 270,000 consumers across various industries, including Automotive, CPG, Entertainment, Retail, Tech, and QSR.

NEW YORK, March 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space.