Digital Turbine reports Q2 adjusted EPS 13c, consensus 14c

Reports Q2 revenue $143.3M, consensus $145.96M. “The mobile app distribution market is entering an exciting new era, and I believe that Digital Turbine is uniquely positioning itself to be a major player in its evolution,” said Bill Stone, CEO. “We have made, and continue to make, important strategic investments in order to more effectively leverage our advantageous on-device presence to optimize measurable performance for app publishers and advertisers, and to simultaneously provide them access to alternative, newly-available, direct distribution models. Meanwhile, our end-to-end platform is better enabling our mobile OEM and operator partners to provide subscribers with enhanced access to more relevant content and a more seamless app discovery and install experience. We believe that our strategy has positioned Digital Turbine to play a meaningful role in facilitating the new-era transformation, and we are already seeing very strong global interest to partner with us on this opportunity.”