The mobile tech firm forecasts double-digit growth for fiscal 2027, driving premarket gains after strong quarterly results.
Digital Turbine (APPS) shares jumped 13% in premarket trading after the company projected fiscal 2027 revenue between $630M and $650M, targeting double-digit growth. The outlook follows a robust quarterly performance, signaling confidence in sustained momentum.
The guidance compares to prior expectations and reflects a focus on scaling operations. Analysts had anticipated a positive trajectory, but the explicit revenue range exceeded some estimates for the period.
Premarket activity indicated strong investor reaction, with volume spiking ahead of the regular session.