Digital Turbine Inc. ( (APPS) ) has released its Q1 earnings. Here is a breakdown of the information Digital Turbine Inc. presented to its investors.
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Digital Turbine, Inc., a company specializing in mobile advertising and app distribution, reported its fiscal 2026 first-quarter financial results, showcasing a notable improvement in its financial performance. The company, which operates in the technology sector, is known for its innovative Ignite platform that enhances mobile consumer experiences for telcos, advertisers, and publishers worldwide.
In the latest earnings report, Digital Turbine announced a revenue of $130.9 million for the first quarter, marking an 11% increase compared to the same period last year. Despite a GAAP net loss of $14.1 million, the company achieved a non-GAAP adjusted net income of $5.8 million. A significant highlight was the 73% year-over-year growth in non-GAAP adjusted EBITDA, which reached $25.1 million.
The company’s strategic focus on its Ignite platform and improved device sales contributed to the positive financial outcomes. Revenue from On Device Solutions rose by 18%, while the App Growth Platform saw a slight decline. The company also reported a reduction in its GAAP net loss from the previous year, indicating improved operational efficiency.
Looking ahead, Digital Turbine has raised its fiscal year 2026 expectations, projecting revenue between $525 million and $535 million and non-GAAP adjusted EBITDA between $90 million and $95 million. The company remains optimistic about leveraging its extensive platform footprint and first-party datasets to drive future growth and enhance performance across its AI/ML platform.