Digital Turbine (APPS) Dips Extra Than Broader Markets: What You Ought to Know

Digital Turbine (APPS) Dips Extra Than Broader Markets: What You Ought to Know

Digital Turbine (APPS) closed the latest buying and selling day at $6.56, shifting -0.46% from the

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Digital Turbine (APPS) closed the latest buying and selling day at $6.56, shifting -0.46% from the earlier buying and selling session. This transfer lagged the S&P 500’s day by day lack of 0.39%. In the meantime, the Dow misplaced 0.95%, and the Nasdaq, a tech-heavy index, misplaced 0.83%.

Coming into as we speak, shares of the cell software program firm had misplaced 2.66% up to now month. In that very same time, the Pc and Expertise sector gained 0.35%, whereas the S&P 500 misplaced 0.1%.

Wall Avenue might be in search of positivity from APPS because it approaches its subsequent earnings report date. The corporate is predicted to report EPS of $0.04, up 300% from the prior-year quarter. In the meantime, the Zacks Consensus Estimate for income is projecting internet gross sales of $31.55 million, up 32.26% from the year-ago interval.

Trying on the full yr, our Zacks Consensus Estimates counsel analysts expect earnings of $0.20 per share and income of $130.89 million. These totals would mark modifications of +150% and +26.37%, respectively, from final yr.

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