Business

Active Mover: Digital Turbine (NASDAQ: APPS)

On Wednesday, Shares of Digital Turbine (NASDAQ: APPS) declined -0.51% to $3.88. The stock traded total volume of 1,007,209 shares lower than the average volume of 1.18M shares.

Digital Turbine Inc. (APPS) stated a loss of $1.30M in its fiscal third quarter. On a per-share basis, the Austin, Texas-based company said it had a loss of 1 cent. Earnings, adjusted for non-recurring costs and stock option expense, were 4 cents per share. The mobile software company posted revenue of $30.40M in the period. It anticipates full-year revenue in the range of $102.50M to $103.50M.

APPS have the market capitalization of $314.90M and its EPS growth ratio for the past five years was 7.30%. Price to sales ratio was 4.23 while 45.10% of the stock was owned by institutional investors.

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