Digital Turbine divesting content, advertiser/publisher businesses [Seeking Alpha]
Digital Turbine, Inc. (APPS)
Last digital turbine, inc. earnings: 2/10 04:15 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.digitalturbine.com
Company Research
Source: Seeking Alpha
Digital Turbine divesting content, advertiser/publisher businessesDigital Turbine (APPS-1.9%) is divesting its Content and Advertisers & Publishers businesses, in two separate deals.It's entered into an asset purchase agreement with Australia's Chargewave on its Content business. Digital Turbine is entitled to receive some license fees, profit sharing and equity participation rights; that deal's expected to be closed in June.It also entered an agreement with Netherlands-based Creative Clicks to sell rights, title and interest in its Advertisers & Publishers business. Digital Turbine will receive a percentage of gross profit from the customer agreements for three years. This deal's also expected to close in June.Digital Turbine says the moves will sharpen focus on its higher-growth, higher margin Operators & OEM business, which has hit 88% revenue growth during the first three quarters of the fiscal year.See all stocks on the move »
Show less
Read more
Impact Snapshot
Event Time:
APPS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
APPS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
APPS alerts
High impacting Digital Turbine, Inc. news events
Weekly update
A roundup of the hottest topics
APPS
News
- Digital Turbine, Inc. (NASDAQ: APPS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Digital Turbine: Do Not Buy This Stock [Seeking Alpha]Seeking Alpha
- Digital Turbine to Deliver Green Mobile Advertising Solutions Powered by Scope3 [Yahoo! Finance]Yahoo! Finance
- Digital Turbine to Deliver Green Mobile Advertising Solutions Powered by Scope3PR Newswire
- Digital Turbine, Inc. (NASDAQ: APPS) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
APPS
Earnings
- 2/7/24 - Beat
APPS
Sec Filings
- 4/9/24 - Form 4
- 4/9/24 - Form 3
- 4/8/24 - Form 8-K
- APPS's page on the SEC website