Digital Turbine, Inc. (NASDAQ:APPS) Q1 2024 Earnings Conference Call August 8, 2023 4:30 PM ET

Company Participants

Brian Bartholomew - Senior Vice President, Capital Markets

Bill Stone - Chief Executive Officer

Barrett Garrison - Executive Vice President and Chief Financial Officer

Conference Call Participants

Arthur Chu - Bank of America

Dan Day - B. Riley Securities

Anthony Stoss - Craig Hallum

Operator

Good day, and welcome to the Digital Turbine Fiscal 2024 First Quarter Earnings Conference Call. Today, all participants will be in a listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note that today’s event is being recorded.

I would now like to turn the conference over to Brian Bartholomew, Senior Vice President of Capital Markets. Please go ahead, sir.

Brian Bartholomew

Thanks, Chris. Good afternoon, and welcome to the Digital Turbine fiscal year 2024 first quarter earnings conference call. Joining me on the call today to discuss our results are CEO, Bill Stone, and CFO, Barrett Garrison.

Before we get started, I’d like to take this opportunity to remind you that our remarks today will include forward-looking statements. These forward-looking statements are based on our current assumptions, expectations, and beliefs, including projected operating metrics, future products and services, anticipated market demand, and other forward-looking topics. Although we believe that our assumptions are reasonable, they are not guarantees of future performance, and some will inevitably prove to be incorrect. Except as required by law, we undertake no obligation to update any forward-looking statements. For a discussion of the risk factors that could cause our actual results to differ materially from those contemplated by our forward-looking statements, please refer to the documents we exchange -- we file with the Securities and Exchange Commission.

Also, during this call, we will discuss certain non-GAAP measures of our performance. Non-GAAP measures are not substitutes for GAAP measures. Please refer to today’s press release for important information about the limitations of using non-GAAP measures, as well as reconciliations of these non-GAAP financial results to the most comparable GAAP measures.

Now I’ll turn the call over to our CEO, Mr. Bill Stone.

Bill Stone

Thanks, Brian, and thank you all for joining our call tonight. For the June quarter, I was pleased that we beat the top end of our guidance range, both on the top and bottom lines, but we still have a lot of work to do to reach both our internal expectations and the potential of our broader total addressable market or TAM.