Digital Turbine: The Good And Bad Takes Of The Recent Quarter

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Summary

  • Reporting changes made Digital Turbine's revenue seems like it “declined,” but gross and operating margins have expanded.
  • Barely any Content Media revenue was added in 2H22, causing a slowdown in On-Device Media revenue growth.
  • We are concerned that the double lifting from the employees may impact their morale over the long term.
  • The management guided 17% Y/Y revenue growth in 1Q23, a slowdown from the previous quarter. This is likely due to seasonality.

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This article is contributed by Jun Hao from our Superstocks Seekers team.

Overview

​​Digital Turbine, Inc. ("DT") (NASDAQ:APPS) is a complete Mobile AdTech platform that provides publishers with unique access to the home screen of

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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in APPS over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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