Digital Turbine APPS reported its Q2 earnings results on Tuesday, November 2, 2021 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Digital Turbine their estimated earnings by 12.82%, reporting an EPS of $0.44 versus an estimate of $0.39, which surprised analysts.
Revenue was up $239,312,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03, which was followed by a 6.82% drop in the share price the next day.
Here's a look at Digital Turbine's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.31 | 0.19 | 0.17 | 0.11 |
EPS Actual | 0.34 | 0.25 | 0.21 | 0.15 |
Revenue Estimate | 190.28M | 88.01M | 75.86M | 60.48M |
Revenue Actual | 212.62M | 95.08M | 88.59M | 70.89M |
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 their next quarter, expecting earnings between $0.38 and $0.38 per share for the nextquarter.
This represents a -13.64% in quarter-over-quarter growth for Digital Turbine, a bearish signal to many investors.
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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