Digital Turbine: Fiscal Q2 Earnings Snapshot

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Digital Turbine Inc. (APPS) on Monday reported fiscal second-quarter net income of $10.3 million, after reporting a loss in the same period a year earlier.

The Austin, Texas-based company said it had net income of 6 cents per share. Earnings, adjusted for one-time gains and costs, came to 18 cents per share.

The mobile software company posted revenue of $178.7 million in the period.

Digital Turbine expects full-year revenue in the range of $670 million to $690 million.

Digital Turbine shares have more than doubled since the beginning of the year. In the final minutes of trading on Monday, shares hit $11.37, a climb of 90% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APPS at https://www.zacks.com/ap/APPS