AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Digital Turbine Inc. (APPS) on Monday reported a loss of $18 million in its fiscal fourth quarter.
On a per-share basis, the Austin, Texas-based company said it had a loss of 18 cents. Earnings, adjusted for amortization costs and stock option expense, came to 10 cents per share.
The mobile software company posted revenue of $119.2 million in the period.
Digital Turbine expects full-year revenue in the range of $515 million to $525 million.
In the final minutes of trading on Monday, the company’s shares hit $4.81. A year ago, they were trading at $1.47.
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