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Published on 9 Feb 2024 on Benzinga

Digital Turbine Stock Is Tumbling Thursday: What's Going On? - Digital Turbine (NASDAQ:APPS)

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Digital Turbine Inc APPS shares are trading lower Thursday after the company reported worse-than-expected financial results and issued guidance below analyst estimates.

Total revenues were down 12% on a year-over-year basis. Net cash from operating activities totaled $11.7 million in the third quarter and the company generated $14.3 million in adjusted free cash flow.

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NASDAQ.APPS price evolution

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