Digital Turbine raises revenue outlook while holding profit guidance

Image: Primary

Published Monday, November 9, 2026 · 8:18 PM EST

Digital Turbine raised its fiscal 2027 revenue forecast to $670 million-$690 million from $650 million-$670 million after reporting 27% year-over-year quarterly growth, Yahoo Finance reported. The mobile advertising company kept its adjusted EBITDA forecast at $145 million-$155 million as it invests in data, artificial intelligence, people and systems. Fiscal second-quarter revenue reached $178.7 million, and adjusted EBITDA increased 46% to $39.8 million. CEO Bill Stone attributed the higher revenue outlook to stronger performance from its data and AI tools. Non-GAAP gross margin declined to 43% from 47%.

Sources

Yahoo Finance

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Yahoo Finance and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

Infrastructure Products

Two Chinese chip suppliers raise combined $301 million in Hong Kong IPOs

Chip suppliers Suzhou Denglin Technology Co. and Jiangsu Xinde Semiconductor Technology Co. have raised a combined $301 million in initial public offerings, Bloomberg reports.

Security Infrastructure

Researchers report active attacks exploiting Linux SSH vulnerability

Attackers are actively exploiting a vulnerability called sshole to gain unauthenticated access to privileged accounts on some Linux systems, researchers report.

Capital

Altimeter targets $2.5 billion fund for late-stage companies

Altimeter Capital Management is targeting a $2.5 billion venture capital fund for late-stage, pre-IPO companies, Bloomberg reported, citing securities filings and a person familiar with the matter.

Products Infrastructure

Rocket Lab reports $3.57 billion backlog as quarterly revenue rises 72.7%

Rocket Lab reported a $3.57 billion order backlog alongside third-quarter revenue of $267.8 million, up 72.7% from a year earlier.

Security

Vanderbilt tells users to shut down devices during cyberattack

Vanderbilt University confirmed an active cybersecurity incident Monday and told students, faculty and staff to shut down university devices and disconnect from university Wi-Fi.

Infrastructure

Banks and private lenders pull back from new AI data center financing

Commercial banks and private credit lenders have begun pulling back from financing new AI data centers, Business Day reported. Credit committees are stalling deals even for facilities backed by Alphabet and Anthropic as secondary debt markets reprice risk.