Digital Turbine, Inc. (NASDAQ:APPS) Files An 8-K Results of Operations and Financial Condition
Item 2.02
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Results of Operations and Financial Condition. |
On June 14, 2017, Digital Turbine, Inc. (the Company) issued a
press release announcing financial results for the fourth quarter
and full year of fiscal 2017. On that same date, we held an
earnings conference call, the recording of which is available on
our website. A transcript of that conference call is also
attached as Exhibit 99.2. Both of the exhibits are incorporated
herein by reference. In accordance with General Instruction B.2
of Form 8-K, the information in this Current Report on Form 8-K,
including Exhibits 99.1 and 99.2, shall not be deemed to be filed
for purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the Exchange Act), or otherwise subject to the
liabilities of that section, and shall not be incorporated by
reference into any registration statement or other document filed
under the Securities Act of 1933, as amended, or the Exchange
Act, except as shall be expressly set forth by specific reference
in such filings.
This Form 8-K contains statements that are forward-looking
statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements are based on
current expectations, estimates and projections about our
business based, in part, on assumptions made by management. These
statements are not guarantees of future performance and involve
risks, uncertainties and assumptions that are difficult to
predict. Therefore, actual outcomes and results may differ
materially from what is expressed or forecasted in such
forward-looking statements due to numerous factors and risks
discussed from time to time in our SEC filings and reports. In
addition, such statements could be affected by general industry
and market conditions and growth rates, and general domestic and
international economic conditions. Such forward-looking
statements speak only as of the date on which they are made and
we do not undertake any obligation to update any forward-looking
statement to reflect events or circumstances after the date of
this release.
| Item 9.01 | Financial Statements and Exhibits |
(d)Exhibits
| Exhibit No. | Description | |
| 99.1 |
Press release dated June 14, 2017, as issued by Digital Turbine, Inc. announcing financial results. |
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| 99.2 |
Transcript of earnings conference call of Digital Turbine, Inc. on June 14, 2017. |
Digital Turbine, Inc. ExhibitEX-99.1 2 v469334_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Digital Turbine Reports Fourth Quarter and Fiscal Full Year 2017 Results Total Revenue of $22.4 Million in the Fiscal Fourth Quarter – Margin Expansion and Expense Management Led to Significant Improvement Toward Profitability Full Fiscal Year Revenue of $91.6 Million Highlighted by O&O Revenue Growth of 81% Austin,…To view the full exhibit click here About Digital Turbine, Inc. (NASDAQ:APPS)
Digital Turbine, Inc. is engaged in delivering end-to-end products and solutions for mobile operators, application advertisers, device original equipment manufacturers (OEMs) and other third parties to enable them to monetize mobile content. The Company operates its business in two operating segments: Advertising and Content. The Advertising segment consists of two businesses: Operator and OEM (O&O) and Advertiser and Publisher (A&P). The O&O business is an advertiser solution for carrier and OEM inventory consisting of services, such as Ignite, a mobile device management platform and Discover, an intelligent application discovery platform. Its A&P business is a mobile user acquisition network across the world consisting of services, such as syndicated network and real time bidding (RTB). The Content segment consists of services, including Marketplace, which is an application and content store, and Pay, which is a content management and mobile payment solution.