Digital Turbine Earnings, Revenue miss In Q2

  • Investing.com
Digital Turbine Earnings, Revenue miss In Q2

Investing.com - Digital Turbine reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Digital Turbine announced earnings per share of $0.34 on revenue of $174.9M. Analysts polled by Investing.com anticipated EPS of $0.39 on revenue of $175.54M.

Digital Turbine shares are down 19% from the beginning of the year and are trading at $13.25 , down-from-52-week-high.

Digital Turbine shares gained 23.03% in after-hours trade the report.

Digital Turbine follows other major Information Technology sector earnings this month

Digital Turbine's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.

Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100