The company has secured a new four-year credit facility following strong scal rst quarter results and the issuance of scal year 2026 annual guidance that underscores the business momentum and growth outlook.

AUSTIN, Texas, Sept. 2, 2025 /PRNewswire/ -- Digital Turbine, Inc., the leading platform powering premium mobile experiences through innovative technology, today announced the successful completion of a new four-year $430 million term loan credit facility. The re nancing extends the debt maturity timeline, providing the runway to continue accelerating the company's return to growth.

The new facility has been used to fully repay the company's prior credit facility, which was set to mature in August 2026. With this multi-year runway, Digital Turbine is positioned to execute on key strategic initiatives as it advances innovation across its platform, scales operational ef ciencies, and continues to drive future growth by delivering premium mobile experiences for its global partners and consumers.

"We're pleased to have secured this four-year term loan credit facility, which allows us to fully address our upcoming debt maturity and continue to focus on our business strategy with discipline," said Steve Lasher, Chief Financial Of cer of Digital Turbine. "This re nancing, coupled with our improved execution and return to growth performance, allow us to continue to execute on our path forward."

Fiscal Year 2026 Guidance Update

Following the company's strong rst quarter performance and encouraged by the accelerating momentum of the business, the company is raising the lower end of its annual guidance range to revenue in the range of $530 million to $535 million and Non-GAAP adjusted EBITDA in the range of $92 million to $95 million for scal year 2026.

 
                            Updated FY26 Guidance  Prior FY26 Guidance 
--------------------------  ---------------------  ------------------- 
Revenue                       $530-535 million      $525-535 million 
--------------------------  ---------------------  ------------------- 
Non-GAAP Adjusted EBITDA*      $92-95 million        $90-95 million 
--------------------------  ---------------------  ------------------- 
 

It is not reasonably practicable to provide a business outlook for GAAP net income because the Company cannot reasonably estimate the changes in stock-based compensation expense, which is directly impacted by changes in the Company's stock price, or other items that are difficult to predict with precision.

*Non-GAAP Adjusted EBITDA is calculated as GAAP net income excluding the following cash and non-cash expenses: stock-based compensation expense, depreciation and amortization, net interest income (expense), net other income (expense), business transformation costs, foreign exchange transaction gains (losses), income tax (bene t) provision, transaction-related expenses, contract settlement fees, changes in fair value of contingent considerations, impairment of goodwill, and severance costs.

About Digital Turbine

Digital Turbine (NASDAQ: APPS) is the driving force behind superior mobile experiences for consumers and results for the world's leading mobile operators, advertisers and publishers. Our platform uniquely simpli es our partners' ability to drive end-to-end recognition, acquisition and monetization - connecting them to more consumers, in more ways, on more devices. Digital Turbine is headquartered in North America, with of ces around the world. www.digitalturbine.com

Forward-Looking Statements

This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this news release that are not statements of historical fact and that concern future results from operations, nancial position, economic conditions, product releases and any other statement that may be construed as a prediction of future performance or events, including nancial projections and growth in various products are forward-looking statements that speak only as of the date made and which involve known and unknown risks, uncertainties and other factors which may, should one or more of these risks uncertainties or other factors materialize, cause actual results to differ materially from those expressed or implied by such statements. These factors and risks include:

Risks Speci c to our Business

   -- Our transformation activities and reduction in force may not adequately 
      reduce our operating costs or improve our operating margins or cash  ows, 
      may lead to additional workforce attrition and may cause operational 
      disruptions. 
 
   -- We have a history of net losses. 
 
   -- We have a limited operating history for our current portfolio of assets. 
 
   -- Our operations are global in scope, and we face added business, political, 
      regulatory, legal, operational,  nancial and economic risks as a result 
      of our international operations. 
 
   -- Our  nancial results could vary signi cantly from quarter-to-quarter and 
      are dif cult to predict. 
 
   -- A signi cant portion of our revenue is derived from a limited number of 
      wireless carriers and customers. 
 
   -- The risk of impairment of our goodwill. 
 
   -- The effects of the current and any future general downturns in the U.S. 
      and the global economy, including  nancial market disruptions. 
 
   -- Our products, services and systems rely on software that is highly 
      technical, and if it contains errors or viruses, our business could be 
      adversely affected. 
 
   -- Our business may involve the use, transmission and storage of con dential 
      information and personally identi able information, and the failure to 
      properly safeguard such information could result in signi cant 
      reputational harm and monetary damages. 
 
   -- Our business and reputation could be impacted by information technology 
      system failures and network disruptions 
 
   -- System security risks and cyber-attacks could disrupt our internal 
      operations or information technology services provided to customers. 
 
   -- Our business and growth may suffer if we are unable to hire and retain 
      key talent. 
 
   -- Our corporate culture has contributed to our success, and if we cannot 
      maintain this culture, we could lose the innovation, creativity, passion, 
      and teamwork that we believe contribute to our success and our business 
      may be harmed. 
 
   -- If we make future acquisitions, this could require signi cant management 
      attention and disrupt our business. 
 
   -- Adverse effects of negative developments affecting the  nancial services 
      industry, including events or concerns involving liquidity, defaults, or 
      non-performance by nancial institutions. 
 
   -- Entry into new lines of business, and our offering of new products and 
      services, resulting from our investments may result in exposure to new 
      risks. 
 
   -- Litigation may harm our business. 

Risks Related to the Mobile Advertising Industry

   -- The mobile advertising business is an intensely competitive industry, and 
      we may not be able to compete successfully. 
 
   -- The markets for our products and services are rapidly evolving and may 
      decline or experience limited growth. 
 
   -- Our business is dependent on the continued growth in usage of smartphones 
      and other mobile connected devices. 
 
   -- Wireless technologies are changing rapidly, and we may not be successful 
      in working with these new technologies. 
 
   -- The complexity of and incompatibilities among mobile devices may require 
      us to use additional resources for the development of our products and 
      services. 
 
   -- If wireless subscribers do not continue to use their mobile devices to 
      access mobile content and other applications, our business growth and 
      future revenue may be adversely affected. 
 
   -- A shift of technology platform by wireless carriers and mobile device 
      manufacturers could lengthen the development period for our offerings, 
      increase our costs, and cause our offerings to be published later than 
      anticipated. 
 
   -- Actual or perceived security vulnerabilities in devices or wireless 
      networks could adversely affect our revenue. 
 
   -- We may be subject to legal liability associated with providing mobile and 
      online services. 
 
   -- Risks of public health issues, such as a major epidemic or pandemic. 
 
   -- Risk related to geopolitical conditions and the global economy, 
      including con icts, nancial markets, in ation, global supply chain, and 
      tariffs. 
 
   -- Risk related to the geopolitical relationship between the U.S. and China 
      or changes in China's economic and regulatory landscape, including recent 
      tariff increases and trade tensions. 

Industry Regulatory Risks

   -- We are subject to rapidly changing and increasingly stringent laws, 
      regulations and contractual requirements related to privacy, data 
      security, and protection of children. 
 
   -- We are subject to anti-corruption, import/export, government sanction, 
      and similar laws, especially related to our international operations. 
 
   -- Government regulation of our marketing methods could restrict or prevent 
      our ability to adequately advertise and promote our content, products and 
      services available in certain jurisdictions. 
 
   -- Limitations may negatively affect our ability to use our net operating 
      losses, credits, and certain other tax attributes to offset future 
      taxable income. 
 
   -- Regulatory requirements pertaining to the marketing, advertising, and 
      promotion of our products and services. 

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September 02, 2025 06:00 ET (10:00 GMT)