Digital Turbine (APPS) closed at $6.30 within the newest buying and selling session, marking a +1.6
Digital Turbine (APPS) closed at $6.30 within the newest buying and selling session, marking a +1.69% transfer from the prior day. The inventory outpaced the S&P 500’s every day achieve of 0.91%. On the similar time, the Dow added 0.7%, and the tech-heavy Nasdaq gained 1.02%.
Coming into at this time, shares of the cell software program firm had misplaced 3.05% prior to now month. In that very same time, the Laptop and Expertise sector misplaced 2.58%, whereas the S&P 500 misplaced 2.74%.
APPS might be seeking to show power because it nears its subsequent earnings launch. On that day, APPS is projected to report earnings of $0.04 per share, which might symbolize year-over-year progress of 300%. In the meantime, the Zacks Consensus Estimate for income is projecting web gross sales of $31.55 million, up 32.26% from the year-ago interval.
For the complete 12 months, our Zacks Consensus Estimates are projecting earnings of $0.20 per share and income of $130.89 million, which might symbolize adjustments of +150% and +26.37%, respectively, from the prior 12 months.
Any current…