Digital Turbine, Inc. (NASDAQ:APPS) Q1 2025 Results Conference Call August 7, 2024 4:30 PM ET

Company Participants

Brian Bartholomew - Senior Vice President, Capital Markets and Strategy
Bill Stone - Chief Executive Officer
Barrett Garrison - Executive Vice President and Chief Financial Officer

Conference Call Participants

Anthony Stoss - Craig-Hallum

Operator

Good afternoon, and welcome to the Digital Turbine Fiscal 2025 First Quarter Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this 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.

Brian Bartholomew

Thank you, Anthony. Good afternoon, and welcome to the Digital Turbine fiscal 2025 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 would 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 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, Bill Stone.

Bill Stone

Thanks, Brian, and thank you all for joining our call tonight.

I'd like to break my remarks into three areas. First, I want to summarize our Q1 results. Secondly, I want to provide some operational updates as we continue our return to growth. And finally, we'll conclude with some strategic comments on how we're positioned for the future.

For our first quarter results, I'm pleased to announce that we have returned to sequential growth in revenue, EBITDA and non-GAAP earnings per share. As expected, the March quarter was a trough for our business and the June quarter was a positive step on our journey to return to growth. We achieved $118 million of revenue, $15 million of EBITDA and $0.07 of non-GAAP EPS.