Digital Turbine: Speculative Turnaround Story Impresses with surprising Growth!
After 11 consecutive quarters of declining revenues compared to the same period last year, Digital Turbine has now achieved a turnaround!
The collaboration with Alcatel in the Indian market could provide further growth impulses in the coming quarters!
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Digital Turbine Inc. (APPS) (i.) reported surprisingly strong quarterly results on June 15. Revenue increased by approximately 6% compared to the same period last year, and EPS reached $0.10. Additionally, revenue was increased for the first time in 11 consecutive quarters of declining revenue. Alongside the surprisingly strong EPS, experts are also convinced by the successful developments and outlook of the company. Digital Turbine aims to achieve its future goals through increased use of AI and machine learning. These technologies are intended...
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