AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Digital Turbine Inc. (APPS) on Tuesday reported a loss of $14.1 million in its fiscal first quarter.
On a per-share basis, the Austin, Texas-based company said it had a loss of 13 cents. Earnings, adjusted for amortization costs and stock option expense, came to 5 cents per share.
The mobile software company posted revenue of $130.9 million in the period.
Digital Turbine expects full-year revenue in the range of $525 million to $535 million.
Digital Turbine shares have more than tripled since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $5.44, nearly tripling in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APPS at https://www.zacks.com/ap/APPS
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