Digital Turbine Inc. (APPS) has disclosed a new risk, in the Corporate Activity and Growth category.
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Digital Turbine Inc.’s recent transformation program, initiated in October 2024, aims to enhance operational efficiency by reducing costs and streamlining business processes. However, this initiative poses significant risks, including potential workforce attrition, operational disruptions, and unanticipated expenses. The company may face challenges in reallocating responsibilities and maintaining employee morale, which could adversely affect its financial condition and operational results. Additionally, the need for further capital to support business expansion may arise, complicating the intended benefits of the restructuring efforts.
The average APPS stock price target is $5.75, implying -23.74% downside potential.
To learn more about Digital Turbine Inc.’s risk factors, click here.
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