Digital Turbine is coming off a fiscal third quarter that saw it top earnings and revenue estimates. The company operates in our Internet – Software industry and its business tries to connect OEMs, mobile operators, and publishers with advertisers and app developers. APPS’ positive earnings revision activity helps it earn a #1 (Strong Buy) rank.
The Austin, Texas-based company is expected to swing from an adjusted loss of $0.01 per share in the year-ago period to earnings of $0.02 a share in the current quarter, for a 300% expansion. This impressive bottom-line growth is projected to continue in the following quarter and the coming fiscal year. Meanwhile, Digital Turbine’s bottom-line expansion is expected to be supported by 26.7% revenue growth in Q4.