Digital Turbine shares gained 5.7% following an earnings release that highlighted strong growth across multiple segments, driven by higher advertiser demand, effective AI integration, and expanding device and application supply.
- Fiscal year 2026 revenue reached $565 million, representing 15% year-over-year growth.
- Adjusted EBITDA increased nearly 70% year-over-year, indicating significant operating leverage.
- On-Device Solutions (ODS) segment generated $382 million, up roughly 12%, supported by over 20% growth in global devices.
- Application Growth Platform (AGP) revenue grew 57% year-over-year in the March quarter and over 20% for the fiscal year, outpacing global market growth.
- AI-driven improvements led to a 40% increase in AGP rates year-over-year, reflecting advertisers’ willingness to pay more for better targeting and outcomes.
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