Digital Turbine shares plummet almost 20% after the company’s guidance points to deceleration in the first quarter.
Source: Digital Turbine
APPS down -19.50%, FFIV down -0.63%
In Q4, the total revenue came in at $184.1 million, accounting for a 94% year-over-year increase and a 19% increase year-over-year.
The company’s Q4 net income was $20.1 million or $0.19 per share in 2022 compared to $30. One million or $0.31 per share same quarter last year.
For the full year of 2022, the total revenues amounted to $747.6 million, accounting for a 138% increase year-over-year.
The company expects first-quarter revenue to be around $183 million and $187 million and non-GAAP adjusted earnings per share of $0.34 to $0.35.