Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication solutions for mobile operators, app advertisers, device original equipment manufacturers, and other third parties worldwide. It operates through two segments, Advertising and Content. The Advertising segment offers Ignite, a mobile application management software to control, manage, and monetize the applications that are installed on mobile devices; Discover software, which provides application installation and management, as well as detailed reporting to advertisers and carriers; and mobile user acquisition platform that allows mobile advertisers to engage with right customers for their applications. This segment also provides syndicated network service, which accesses mobile ad inventory through publishers, including direct developer relationships, mobile Websites, mobile carriers, and mediated relationships; and programmatic advertising services. The Content segment offers Marketplace, an application and content store that manages the retailing of mobile content, including features, such as merchandising, product placements, reporting, pricing, promotions, and distribution of digital goods, as well as the distribution and licensing of content across various categories comprising music, applications, wallpapers, eBooks, and games; and Pay, an application programming interface that integrates billing infrastructure between mobile operators and content publishers to facilitate mobile commerce. The company was formerly known as Mandalay Digital Group, Inc. and changed its name to Digital Turbine, Inc. in January 2015. Digital Turbine, Inc. was incorporated in 1998 and is headquartered in Austin, Texas.
Industry, Sector and Symbol
Industry Patent owners & lessors
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:APPS
CUSIPN/A
Phone512-387-7717
Debt
Debt-to-Equity Ratio0.31
Current Ratio0.86
Quick Ratio0.86
Price-To-Earnings
Trailing P/E Ratio-33.00
Forward P/E Ratio-55.00
P/E GrowthN/A
Sales & Book Value
Annual Sales$74.75 million
Price / Sales1.68
Cash Flow$0.0011 per share
Price / Cash1,441.68
Book Value$0.37 per share
Price / Book4.46
Profitability
EPS (Most Recent Fiscal Year)($0.05)
Net Income$-52,850,000.00
Net Margins-46.78%
Return on Equity-11.97%
Return on Assets-5.67%
Miscellaneous
Employees161
Outstanding Shares76,140,000
Digital Turbine (NASDAQ:APPS) Frequently Asked Questions
What is Digital Turbine's stock symbol?
Digital Turbine trades on the NASDAQ under the ticker symbol "APPS."
How were Digital Turbine's earnings last quarter?
Digital Turbine Inc (NASDAQ:APPS) posted its earnings results on Tuesday, November, 7th. The software maker reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.02) by $0.01. The software maker earned $27.90 million during the quarter, compared to the consensus estimate of $26.96 million. Digital Turbine had a negative return on equity of 11.97% and a negative net margin of 46.78%. The business's quarterly revenue was up 22.4% on a year-over-year basis. During the same period last year, the company earned ($0.11) earnings per share. View Digital Turbine's Earnings History.
What price target have analysts set for APPS?
2 brokerages have issued 1 year price objectives for Digital Turbine's shares. Their predictions range from $1.00 to $2.80. On average, they anticipate Digital Turbine's stock price to reach $1.90 in the next twelve months. View Analyst Ratings for Digital Turbine.
Who are some of Digital Turbine's key competitors?
Some companies that are related to Digital Turbine include Acacia Research (ACTG), Quarterhill (QTRH), Joint (JYNT), Liberty Tax (TAX), Finjan (FNJN), MGT Capital Investments (MGTI), Copytele (ITUS), XCel Brands (XELB), Marathon Patent Group (MARA), Research Frontiers (REFR), ARC Group (ARCK), XpresSpa Group (XSPA), Walker Innovation (WLKR), Spherix (SPEX) and American Restaurant Partners LP Class A Partnership Units (ICTPU).
Who are Digital Turbine's key executives?
Digital Turbine's management team includes the folowing people:
- Mr. William Gordon Stone III, CEO & Director (Age 50)
- Mr. Barrett Garrison, Exec. VP & CFO (Age 42)
- Mr. David Wesch, Acting Chief Accounting Officer & Controller (Age 31)
- Ms. Christine Collins, Chief Technology Officer
- Ms. Kirstie Elizabeth Brown, Exec. VP of Global Fin. & Operations (Age 42)
Has Digital Turbine been receiving favorable news coverage?
News articles about APPS stock have trended somewhat positive this week, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Digital Turbine earned a daily sentiment score of 0.09 on Accern's scale. They also gave news coverage about the software maker an impact score of 46.40 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Digital Turbine's major shareholders?
Digital Turbine's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Unterberg Capital LLC (2.40%), Millennium Management LLC (2.06%), Lyon Street Capital LLC (1.14%), Trellus Management Company LLC (1.07%), JPMorgan Chase & Co. (0.64%) and EAM Global Investors LLC (0.52%). Company insiders that own Digital Turbine stock include Robert M Deutschman and William Gordon Stone III. View Institutional Ownership Trends for Digital Turbine.
Which institutional investors are selling Digital Turbine stock?
Which institutional investors are buying Digital Turbine stock?
APPS stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Lyon Street Capital LLC, EAM Global Investors LLC, JPMorgan Chase & Co., Unterberg Capital LLC, Citadel Advisors LLC, Tibra Equities Europe Ltd and Cowen Prime Services LLC. Company insiders that have bought Digital Turbine stock in the last two years include Robert M Deutschman and William Gordon Stone III. View Insider Buying and Selling for Digital Turbine.
How do I buy shares of Digital Turbine?
Shares of APPS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Digital Turbine's stock price today?
One share of APPS stock can currently be purchased for approximately $1.65.
How big of a company is Digital Turbine?
Digital Turbine has a market capitalization of $125.64 million and generates $74.75 million in revenue each year. The software maker earns $-52,850,000.00 in net income (profit) each year or ($0.05) on an earnings per share basis. Digital Turbine employs 161 workers across the globe.
How can I contact Digital Turbine?
Digital Turbine's mailing address is 111 NUECES STREET, AUSTIN TX, 78701. The software maker can be reached via phone at 512-387-7717 or via email at [email protected]
MarketBeat Community Rating for Digital Turbine (APPS)
MarketBeat's community ratings are surveys of what our community members think about Digital Turbine and other stocks. Vote "Outperform" if you believe APPS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe APPS will underperform the S&P 500 over the long term. You may vote once every thirty days.
