Digital Turbine Inc
For the period ended Jun 30, 2024. Filed Aug 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 7, 2024
APPS$7.25-35.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME
(in thousands, except per share amounts)
| Three months ended June 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Net revenue | $117,989 | $146,366 |
| Costs of revenue and operating expenses | ||
| Revenue share | 55,809 | 69,592 |
| Other direct costs of revenue | 7,790 | 9,613 |
| Product development | 10,714 | 15,800 |
| Sales and marketing | 16,247 | 15,577 |
| General and administrative | 43,517 | 40,499 |
| Total costs of revenue and operating expenses | 134,077 | 151,081 |
| Loss from operations | (16,088) | (4,715) |
| Interest and other income, net | ||
| Interest expense, net | (8,250) | (7,390) |
| Foreign exchange transaction gain | 818 | 1,923 |
| Other income, net | 114 | 244 |
| Total interest and other income, net | (7,318) | (5,223) |
| Loss before income taxes | (23,406) | (9,938) |
| Income tax provision (benefit) | 1,750 | (1,539) |
| Net loss | (25,156) | (8,399) |
| Less: net income (loss) attributable to non-controlling interest | — | (220) |
| Net loss attributable to Digital Turbine, Inc. | (25,156) | (8,179) |
| Other comprehensive loss | ||
| Foreign currency translation loss | (1,213) | (6,107) |
| Comprehensive loss | (26,369) | (14,506) |
| Less: comprehensive income (loss) attributable to non-controlling interest | — | 519 |
| Comprehensive loss attributable to Digital Turbine, Inc. | $(26,369) | $(15,025) |
| Net loss per common share | ||
| Basic | $(0.25) | $(0.08) |
| Diluted | $(0.25) | $(0.08) |
| Weighted-average common shares outstanding | ||
| Basic | 102,396 | 99,877 |
| Diluted | 102,396 | 99,877 |
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