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Update: Digital Turbine Fiscal Q4 Adjusted Earnings, Revenue Rise; 2027 Guidance Set; CFO Steve Lasher Steps Down

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(Updates with pre-bell stock move in the last paragraph, as well as information on the executive change in the headline and the seventh to the tenth paragraphs.)

Digital Turbine (APPS) reported fiscal Q4 adjusted earnings late Tuesday of $0.16 per diluted share, up from $0.10 a year earlier.

Two analysts polled by FactSet expected $0.09.

Revenue for the three months ended March 31 was $142.5 million, up from $119.2 million a year earlier.

Two analysts surveyed by FactSet expected $133.2 million.

For the fiscal year 2027, the company expects revenue of $630 million to $650 million.

Two analysts expect $618.9 million.

Meanwhile, the company's chief financial officer, Steve Lasher, resigned to seek another opportunity, effective May 31, the company said Wednesday.

Lasher will remain at the company until June to assist with the transition.

Josh Kinsell, the company's chief accounting officer, was appointed interim finance chief, effective June 1.

The company said it is engaging an executive search firm for additional candidates.

Shares of the company were up more than 15% in recent premarket trading Wednesday.

Price: $5.55, Change: $+0.74, Percent Change: +15.38%

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