Digital Turbine, Inc. (NASDAQ:APPS) shares are trading higher after the company reported better-than-expected first-quarter FY25 financial results.
Revenue declined 19% Y/Y to $118.0 million, beating the consensus of $116.03 million.
Revenue from On Device Solutions was $80.7 million, and from the App Growth Platform was $38.4 million, before intercompany eliminations.
On Device Solutions revenue grew 3% Q/Q, driven by new international devices and higher average revenue per device.
App Growth Platform revenue rose 11% Q/Q, fueled by increased demand for the high-performance Brand and Exchange offerings.
Adjusted EBITDA fell 46% Y/Y to $14.5 million in the quarter. Top-line growth and disciplined expenses improved the profit margins, with a 135-basis point sequential increase in EBITDA margin for the quarter.
Adjusted EPS stood at $0.07, surpassing the consensus of $0.04.
Outlook: Digital Turbine reaffirmed its FY 2025 revenue guidance of $540 million-$560 million (vs. consensus of $545.5 million) and adjusted EBITDA guidance of $85 million-$95 million.
CEO Bill Stone said, "We expect this top-line growth and margin expansion to continue in the second half of the calendar year, as we continue to see growing interest in, and real demand for, our uniquely-designed platform features amid the global market shift favoring more profitable alternative direct app distribution models."
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Digital Turbine, Inc.(納斯達克股票代碼:APPS)公佈的25財年第一季度財務業績好於預期後,該公司股價走高。
收入同比下降19%,至1.18億美元,超過市場普遍預期的1.1603億美元。
設備上解決方案的收入爲 8070 萬美元,應用增長平台的收入爲 3840 萬美元(未扣除公司間沖銷)。
在新的國際設備和更高的每台設備平均收入的推動下,On Device Solutions收入環比增長了3%。
受對高性能品牌和交易所產品的需求增加的推動,應用程序增長平台收入環比增長了11%。
本季度調整後的息稅折舊攤銷前利潤同比下降46%,至1,450萬美元。收入增長和嚴格的支出提高了利潤率,本季度息稅折舊攤銷前利潤率連續增長了135個點子。
調整後的每股收益爲0.07美元,超過市場預期的0.04美元。
展望:Digital Turbine重申其2025財年收入預期爲5.4億至5.6億美元(而市場普遍預期爲5.455億美元),調整後的息稅折舊攤銷前利潤預期爲8500萬至9500萬美元。
首席執行官比爾·斯通表示:「我們預計,這種收入增長和利潤增長將在本日曆年下半年繼續,因爲在全球市場轉向利潤更高的替代直接應用程序分發模式的情況下,我們對我們獨特設計的平台功能的興趣和實際需求繼續增長。」
免責聲明:此內容部分是在人工智能工具的幫助下製作的,並由Benzinga的編輯審閱和發佈。