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Digital Turbine: Fiscal Q3 Earnings Snapshot

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Digital Turbine Inc. (APPS) on Tuesday reported fiscal third-quarter net income of $5.1 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Austin, Texas-based company said it had profit of 3 cents. Earnings, adjusted for amortization costs and pretax expenses, were 18 cents per share.

The mobile software company posted revenue of $151.4 million in the period.

Digital Turbine expects full-year revenue in the range of $553 million to $558 million.

In the final minutes of trading on Tuesday, the company’s shares hit $4.94. A year ago, they were trading at $2.54.

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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

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Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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