Digital Turbine: Fiscal Q3 Earnings Snapshot

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AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Digital Turbine Inc. (APPS) on Wednesday reported a loss of $23.1 million in its fiscal third quarter.

On a per-share basis, the Austin, Texas-based company said it had a loss of 22 cents. Earnings, adjusted for amortization costs and non-recurring costs, came to 13 cents per share.

The mobile software company posted revenue of $134.6 million in the period.

Digital Turbine expects full-year revenue in the range of $485 million to $490 million.

In the final minutes of trading on Wednesday, the company's shares hit $2.53. A year ago, they were trading at $5.12.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APPS at https://www.zacks.com/ap/APPS