Earnings ·
Digital Turbine filed an amendment to its August 4, 2026 Form 8-K to correct immaterial accounting errors related to…
APPSDigital Turbine, Inc.
Digital Turbine filed an amendment to its August 4, 2026 Form 8-K to correct immaterial accounting errors related to liabilities from a prior business combination. The correction reduced other current and non-current liabilities by $3.7 million and $4.4 million respectively as of March 31, 2026 and 2025, decreasing total liabilities by $8.2 million and increasing stockholders' equity by the same amount. This adjustment did not impact cash flows or debt covenant compliance. The filing also furnished amended financial results for the fiscal first quarter ended June 30, 2026, reporting revenue of $166.0 million, a 27% year-over-year increase. Non-GAAP adjusted net income was $24.1 million ($0.19 per share), compared to $7.0 million in the prior year period. The company raised its full-year fiscal 2027 revenue guidance to between $650 million and $670 million. Digital Turbine operates in the mobile advertising industry, providing an end-to-end platform for telcos, advertisers, and publishers to manage app distribution and monetization.