Digital Turbine Surges Over 40%, Raises Full-Year Guidance Ahead of Q1 Earnings Beat

Digital Turbine Inc. (APPS) surged over 40%, reaching $13.57 during the first quarter, after raising full-year guidance and beating analyst estimates. The company reported first-quarter net revenue of $166 million, up 27% year-over-year, with adjusted EPS exceeding expectations. The stock hit its highest intraday level since May 2023.
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