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Why is Digital Turbine Inc (APPS) Stock down?
We've noticed a 5.21% decline in Digital Turbine Inc (APPS) stock during the 2024-04-25 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
25 May, 2023:
APPS's stock fell 42.97% related to its fiscal fourth-quarter 2023 earnings report. The company missed earnings per share and revenue estimates for the quarter. The company’s adjusted earnings per share of 14 cents, below the 39 cents per share reported in the same period of the year prior. Revenue only came in at $140.12 million, which miss analysts's revenue estimate of $143.14 million. Management blames the company's falling revenues on macroeconomic conditions.
https://investorplace.com/2023/05/why-is-digital-turbine-apps-stock-down-36-today/
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