Digital Turbine (APPS) Prelim. Q4 Revenue Misses Consensus
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Digital Turbine Announces Preliminary Q4 Fiscal 2016 Revenue Range of $23.0 to $23.5 Million and Cash Balance in Excess of $11 Million
April 12, 2016 4:05 PM EDTAUSTIN, Texas, April 12, 2016 /PRNewswire/ --Â Digital Turbine, Inc. (Nasdaq: APPS), today reported preliminary financial results for the fourth quarter of fiscal 2016. The Company estimates fourth quarter fiscal 2016 revenue for the quarter ended March 31, 2016 to be in the range of $23.0 to $23.5 million.
"Despite our fourth quarter revenue increasing approximately 45% versus the same quarter last year on a pro forma basis, we expected more," commented Bill Stone, Chief Executive Officer. "We had... More
