Digit
Digital Turbine (APPS) closed at $7.88 within the newest buying and selling session, marking a +1.68% transfer from the prior day. This variation outpaced the S&P 500’s 0.02% loss on the day. Elsewhere, the Dow misplaced 0.13%, whereas the tech-heavy Nasdaq added 0.08%.
Previous to in the present day’s buying and selling, shares of the cell software program firm had misplaced 4.08% over the previous month. This has lagged the Laptop and Expertise sector’s acquire of 4.7% and the S&P 500’s acquire of three.81% in that point.
APPS will probably be seeking to show power because it nears its subsequent earnings launch. On that day, APPS is projected to report earnings of $0.06 per share, which might characterize year-over-year progress of 50%. In the meantime, our newest consensus estimate is looking for income of $37.58 million, up 23.58% from the prior-year quarter.
Trying on the full yr, our Zacks Consensus Estimates counsel analysts predict earnings of $0.21 per share and income of $133.89 million. These totals would mark adjustments of +162.5% and +29.27%, respectively, from final yr.
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