Overview

* Software firm Digital Turbine fiscal Q1 2026 rev grows 11% yr/yr, beating analyst expectations

* Adjusted EBITDA for fiscal Q1 rises 73% yr/yr, beating analyst estimates

* Adjusted EPS for fiscal Q1 misses analyst expectations, per LSEG data

Outlook

* Company raises fiscal 2026 revenue forecast to $525 mln-$535 mln

* Digital Turbine ( APPS ) expects fiscal 2026 non-GAAP adjusted EBITDA of $90 mln-$95 mln

* Company cites strong demand for Ignite platform as a growth driver

* Digital Turbine ( APPS ) optimistic about leveraging first-party datasets for AI/ML

Result Drivers

* IGNITE PLATFORM - Strong demand for the Ignite platform contributed to double-digit revenue growth, per CEO Bill Stone

* DEVICE SALES - Modestly improved device sales supported revenue increase, according to CEO Bill Stone

* SOLID EXECUTION - CEO Bill Stone attributes improved results to solid execution across the organization

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Beat $130.90 $121.90

Revenue mln mln (2

Analysts

)

Q1 Miss $0.05 $0.08 (2

Adjusted Analysts

EPS )

Q1 EPS -$0.13

Q1 Miss $5.80 $8.59

Adjusted mln mln (2

Net Analysts

Income )

Q1 Beat $25.10 $21.10

Adjusted mln mln (2

EBITDA Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the software peer group is "buy."

* Wall Street's median 12-month price target for Digital Turbine Inc ( APPS ) is $5.75, about 1% above its August 4 closing price of $5.69

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)