Digital Turbine ( APPS ) shares are trading higher after the company reported second-quarter financials after market close on Tuesday.

• APPS shares are powering higher on strong volume. Stay ahead of the curve here.

Here are the key highlights.

Q2 Results: Digital Turbine ( APPS ) reported second-quarter revenue of $140.4 million, up 18% year-over-year. The revenue beat a Street consensus estimate of $127.62 million according to data from Benzinga Pro.

Total On Device Solutions revenue was $96.5 million in the quarter, with Total App Growth Platform revenue totaling $44.7 million in the quarter.

The company reported adjusted earnings per share of 16 cents pre share, beating a Street consensus estimate of five cents per share.

Adjusted EBITDA was $27.2 million for the company in the second quarter, up 78% year-over-year.

"Our September quarter showcased accelerating business momentum," Digital Turbine ( APPS ) CEO Bill Stone said. "We were pleased to see that the combination of strong demand for our platform and strong operation execution enabled us to deliver top- and bottom-line results that exceeded expectations."

Read Also: Digital Turbine Stock Sinks On Q1 Earnings Despite Strong Revenue Trends

What's Next: Digital Turbine ( APPS ) raised its full-year fiscal revenue estimate to a range of $540 million to $550 million. The new range is up from a previous guidance range of $530 million to $535 million and ahead of a Street estimate of $533 million.

The company expects adjusted EBITDA to be in a range of $100 million to $105 million for the full fiscal year.

"We have high conviction that we have the right strategy to go after the half-trillion dollar market opportunity in front of us," Stone said.

APPS Price Action: Digital Turbine ( APPS ) stock is up 20.8% to $7.15 in after-hours trading Tuesday versus a 52-week trading range of $1.18 to $7.77.

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