Digital Turbine Shares Rally After Co Swings to 3Q Profit

Dow Jones
Feb 04

By Rob Curran

 

Digital Turbine shares rallied premarket after the provider of services to cell-phone carriers swung to a fiscal third-quarter profit.

For the fiscal third quarter, the Austin, Texas, company swung to a profit of $5.1 million, or 3 cents a share, for the quarter ended in December, from a loss of $23.1 million, or 22 cents a share, a year earlier.

Stripping out certain one-off items, Digital Turbine posted adjusted earnings of 18 cents a share.

Revenue rose 12% to $151.4 million.

For 2026, Digital Turbine targeted revenue in a range between $553 million and $558 million.

Shares of Digital Turbine, which preinstalls apps on smart-phones for carriers and manufacturers, rose 19% to $5.90 premarket.

 

Write to Rob Curran at rob.curran@dowjones.com

 

(END) Dow Jones Newswires

February 04, 2026 08:00 ET (13:00 GMT)

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