Top Wall Street Forecasters Revamp Digital Turbine Expectations Ahead Of Q4 Earnings

Digital Turbine, Inc. (NASDAQ:APPS) will release its fourth-quarter financial results after the closing bell on Monday, June 16.

Analysts expect the Austin, Texas-based company to report quarterly earnings at 4 cents per share, down from 12 cents per share in the year-ago period. Digital Turbine projects quarterly revenue of $116.64 million, compared to $112.22 million a year earlier, according to data from Benzinga Pro.

On Feb. 5, Digital Turbine reported quarterly earnings of 13 cents per share, which beat the analyst consensus estimate for a loss of one cent. Quarterly revenue clocked in at $134.64 million, which beat the consensus estimate of $123.68 million.

Digital Turbine shares fell 4.1% to ...