Moving on, after the recent acquisitions Digital Turbine has made they provide Digital Turbine with revenues through the cycle of the ad media. Rather than simply getting revenues on day 1 of the device, Digital Turbine has developed other products to drive revenues.
Similarly, Is APP a buy?
Out of 4 analysts, 2 (50%) are recommending APPS as a Strong Buy, 2 (50%) are recommending APPS as a Buy, 0 (0%) are recommending APPS as a Hold, 0 (0%) are recommending APPS as a Sell, and 0 (0%) are recommending APPS as a Strong Sell. What is APPS’s earnings growth forecast for 2023-2025?
Is Digital Turbine stock a buy? Digital Turbine’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 4 Wall Streets Analysts.
Thereof, What does Digital Turbine make?
Digital Turbine is a digital advertising company that delivers end-to-end products and solutions for mobile operators, original equipment manufacturers, and third parties to enable the monetization of mobile content. The company historically focused on preinstalled apps on Android devices.
Is Digital Turbine profitable?
Digital Turbine Continues its Rapid Growth and is Profitable
It also reported $310M in revenue in FQ2’22. Moreover, its revenue is still expected to grow at a CAGR of well over 30% over the next two years (post-acquisition). It’s also markedly above APPS long-term revenue CAGR guidance of 25-30%.
Are Apps stock overvalued?
Price to Book Ratio
PB vs Industry: APPS is overvalued based on its PB Ratio (7.9x) compared to the US Software industry average (4.3x).
Why do digital turbines drop?
Risk factors including a potential Russian invasion of Ukraine, rising interest rates, rising Treasury bond yields, and elevated inflation all combined to create a challenging trading backdrop for growth-dependent tech stocks last month, and Digital Turbine lost more than a quarter of its value in the pullback.
Why is Digital Turbine falling?
Risk factors including a potential Russian invasion of Ukraine, rising interest rates, rising Treasury bond yields, and elevated inflation all combined to create a challenging trading backdrop for growth-dependent tech stocks last month, and Digital Turbine lost more than a quarter of its value in the pullback.
Does Digital Turbine pay dividends?
Do you pay a dividend? Digital Turbine, Inc. does not currently pay a dividend.
Why is Digital Turbine stock dropping?
Risk factors including a potential Russian invasion of Ukraine, rising interest rates, rising Treasury bond yields, and elevated inflation all combined to create a challenging trading backdrop for growth-dependent tech stocks last month, and Digital Turbine lost more than a quarter of its value in the pullback.
Where is Digital Turbine located?
By integrating a full ad stack with proprietary technology built into devices by wireless operators and OEMs, Digital Turbine supercharges advertising and monetization. The company is headquartered in Austin, Texas, with offices globally.
Why is Digital Turbine stock going down?
Risk factors including a potential Russian invasion of Ukraine, rising interest rates, rising Treasury bond yields, and elevated inflation all combined to create a challenging trading backdrop for growth-dependent tech stocks last month, and Digital Turbine lost more than a quarter of its value in the pullback.
Is Digital Turbine a buy?
Digital Turbine’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 4 Wall Streets Analysts.
Is Digital Turbine profitable?
Investors are digesting recent earnings reported by Digital Turbine ( APPS -0.21% ). Revenue in the quarter grew 324% year over year to $375.5 million on an as-reported basis, and EBITDA jumped 153% to $57 million.
What does ticker stand for?
Ticker symbols are arrangements of symbols or characters that are generally English letters representing specific assets or securities listed on a stock exchange or traded publicly. When a listed firm goes on to issue its securities to the public at a marketplace, it will be asked to choose an available ticker symbol.
What is a digital stock?
Electronic shares or digital shares are shares that are represented in some form on an electronic stock ledger. These have the same properties as paper shares, just that they are recorded only in electronic form.
Are apps stock dividends?
APPS does not currently pay a dividend.
Who are Digital Turbine competitors?
Top 10 Digital Turbine Alternatives & Competitors
- AdRoll.
- Marin Software.
- Celtra.
- Mediaocean.
- Google Marketing Platform.
- Zeta Programmatic, Formerly Sizmek.
- Skai.
- Basis.
Who does Digital Turbine work with?
Digital Turbine partners with smartphone OEMs and network carriers with multi-year agreements and has amassed a global device footprint totaling 600 million devices.
Is Digital Turbine an app?
Digital Turbine is a mobile advertising technology company. Its software is pre-loaded onto smartphones and helps users discover content and mobile apps.
How many employees does Digital Turbine have?
Digital Turbine, Inc., formerly known as Mandalay Digital Group, Inc., is headquartered in Austin, Texas.
…
Compare APPS With Other Stocks.
| Digital Turbine Annual Number of Employees | |
|---|---|
| 2020 | 207 |
| 2019 | 161 |
| 2018 | 161 |
| 2017 | 146 |
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