Digital Turbine, Inc. (NASDAQ:APPS) Files An 8-K Results of Operations and Financial Condition
Item 2.02
|
Results of Operations and Financial Condition. |
On February 9, 2017, Digital Turbine, Inc. (the Company) issued a
press release announcing financial results for the third quarter
of fiscal 2017. The text of that announcement is attached as
Exhibit 99.1 to this Current Report on Form 8-K and is
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 Exhibit 99.1, 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 February 9, 2017, as issued by Digital Turbine, Inc. announcing financial results. |
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. Digital Turbine, Inc. (NASDAQ:APPS) Recent Trading Information
Digital Turbine, Inc. (NASDAQ:APPS) closed its last trading session up +0.010 at 0.700 with 292,441 shares trading hands.