Digital TurbineNASDAQ: APPS

Small-cap stocks attract significant attention from investors due to their more attractive valuations than large-cap peers, presenting opportunities for substantial returns. The previous year was dominated by the “Magnificent Seven,” which drove nearly all the gains in the S&P 500 and Nasdaq indices.

Digital Turbine's financial results continue to disappoint, pressuring the stock, despite a low valuation. Poor results have been attributed to soft device sales and a tech stack migration, but after several years of weakness it is difficult to continue blaming macro conditions. While SingleTap has potential, this part of the business doesn't appear to have any momentum.

Digital Turbine, Inc. (NASDAQ:APPS ) Q4 2024 Earnings Conference Call May 28, 2024 4:30 PM ET Company Participants Brian Bartholomew - Senior Vice President, Capital Markets and Strategy Bill Stone - Chief Executive Officer Barrett Garrison - Executive Vice President and Chief Financial Officer Conference Call Participants Omar Dessouky - Bank of America Darren Aftahi - ROTH MKM Tim Nollen - Macquarie Operator Good day and welcome to the Digital Turbine Reports Fourth Quarter and Fiscal 2024 Financial Results Call. All participants will be in listen-only mode.

Digital Turbine (APPS) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.14 per share a year ago.

Fourth  Quarter Revenue Totaled $112.2 Million and Fiscal 2024 Revenue Totaled $544.5 Million Fourth Quarter GAAP Net Loss of $236.5 Million, or GAAP EPS of ($2.32), Inclusive of a Noncash Goodwill Impairment Charge of $189.5 Million; Fourth Quarter Non-GAAP Adjusted Net Income1 of $12.6 Million and Non-GAAP Adjusted EPS1 of $0.12 Fourth  Quarter Non-GAAP Adjusted EBITDA2 Totaled $12.3 Million and Fiscal 2024 Non-GAAP Adjusted EBITDA2 Totaled $92.4 Million AUSTIN, Texas , May 28, 2024 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS) announced financial results for the fiscal fourth quarter and fiscal year ended March 31, 2024. Recent Financial Highlights: Fiscal fourth quarter of 2024 revenue totaled $112.2 million, representing a year-over-year decline of 20% as compared to the fiscal fourth quarter of 2023.

Digital Turbine, Inc. (Nasdaq: APPS) will hold a conference call and webcast on May 28th at 4:30pm ET/1:30pm PT to discuss its fourth quarter and fiscal 2024 financial results and operating progress. The call will be hosted by CEO Bill Stone and CFO Barrett Garrison and can be accessed via this webcast link: https://app.webinar.net/a58rLm9LDgx.

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Digital Turbine (APPS) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.29 per share a year ago.