Digital Turbine (APPS) closed the latest buying and selling day at $7.23, shifting +0.42% from the
Digital Turbine (APPS) closed the latest buying and selling day at $7.23, shifting +0.42% from the earlier buying and selling session. This transformation outpaced the S&P 500’s 0.41% achieve on the day. Elsewhere, the Dow gained 0.57%, whereas the tech-heavy Nasdaq added 0.7%.
Coming into at the moment, shares of the cell software program firm had gained 7.7% prior to now month. In that very same time, the Laptop and Expertise sector gained 2.38%, whereas the S&P 500 gained 2.04%.
Buyers will likely be hoping for energy from APPS because it approaches its subsequent earnings launch, which is anticipated to be November 4, 2019. On that day, APPS is projected to report earnings of $0.04 per share, which might characterize year-over-year development of 300%. 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.
APPS’s full-year Zacks Consensus Estimates are calling for earnings of $0.20 per share and income of $130.89 million. These outcomes would characterize year-over-year modifications of +150% and +26.37%, respectively.
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