Recently, Zacks.com users have been paying close attention to Digital Turbine (APPS). This makes it worthwhile to examine what the stock has in store.
Digital Turbine (APPS) delivered earnings and revenue surprises of 8.57% and 2.14%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Digital Turbine, Inc. (Nasdaq: APPS) announced financial results for the fiscal first quarter ended June 30, 2022. The Company completed the acquisitions of AdColony Holding AS and Fyber N.V. on April 29 and May 25, 2021, respectively. Specific references made to "pro forma" results in this release provide investors with quarterly results and comparisons as if all acquired businesses were owned for the entirety of the first quarter of fiscal 2022. The Company believes that pro forma results, whe