$APPS

Digital Turbine Divests AdColony Assets in Deal With Affle

Digital Turbine (APPS) has agreed to sell select AdColony assets and trademarks to technology firm Affle, including mobile SDKs, ad tech platform, publisher integrations, and related intellectual property, Affle said Monday.The company said the transaction is part of its strategy to streamline its technology stack and focus investment on its core media and distribution platform while continuing to develop its unified exchange ecosystem.Financial terms of the transaction were not disclosed.Digital Turbine shares were up 0.7% in Monday trading.Price: $9.83, Change: $+0.07, Percent Change: +0.72%

Digital Turbine Seen Gaining Growth Visibility on Strengthening Execution, BofA Says

Digital Turbine (APPS) is seeing more consistent execution and improved visibility into its fiscal 2027 outlook, supported by a steady run of quarterly beats and raises, BofA Securities said in a Wednesday note.The brokerage highlighted improving monetization trends driven by expanded use of first-party data, stronger targeting capabilities and better ad pricing. The brokerage said these factors are enhancing performance in the company's advertising growth platform.BofA also pointed to increasing diversification across geographies and customer verticals. Higher mix of international revenue and a more balanced business profile are improving resilience and reducing sensitivity to macro-driven demand fluctuations, according to the note.The investment firm added that Digital Turbine's 2027 outlook points to about 13% revenue growth. It also sees steady earnings before interest, tax, depreciation and amortization margins and views it as reflecting both continued AGP momentum and conservative assumptions around device-related revenue.BofA upgraded its rating on the stock to buy from neutral with a price target of $7.50.Shares of Digital Turbine were up more than 52% in Wednesday trading.Price: $7.33, Change: $+2.52, Percent Change: +52.39%

BofA Securities Upgrades Digital Turbine to Buy From Neutral, Price Target is $7.50

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

(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%

Digital Turbine Expands Partnership With Google Cloud

Digital Turbine (APPS) said Thursday it is deepening its partnership with Alphabet's (GOOGL) Google Cloud to support artificial intelligence-backed optimization and recommendation capabilities in its mobile platform.The collaboration will boost its ability to process real-time mobile signals from its platform, allowing its advertising and publishing clients to improve targeting and recommendations, the firm said.Price: $4.65, Change: $+0.10, Percent Change: +2.20%

Digital Turbine, Orange Collaborate on App Distribution in Europe

Digital Turbine (APPS) said Tuesday it partnered with telecommunications operator Orange on app distribution in Europe.Under the agreement, Digital Turbine will deploy its alternative app distribution platform to Orange subscribers, the company said, adding that rollout is expected to begin in the second half of 2026 and gradually expand across European countries.Financial details of the partnership were not provided.Price: $4.02, Change: $-0.04, Percent Change: -0.86%