Woah. When to buy?
Only 2-3 weeks from the next financial filing. Usually dips then pops before the filing hits the wire. Let's see if the PPS follows that same cycle.
Pretty concerning it's broken new 52 week lows. Little odd considering the monumental revenue growth the company has achieved. Now trading a 2-3x future gross revenue which is extremely low for adtech much less one constantly posting huge growth.
Digital Turbine Announces Strategic Partnership with Google
Source: PR Newswire (US)
AUSTIN, Texas, Dec. 28, 2021 /PRNewswire/ -- Digital Turbine, Inc. (Nasdaq: APPS), a leading independent mobile growth & monetization platform, today announced a multi-year strategic partnership with Google that accelerates Digital Turbine's product and growth strategy to support the Android ecosystem by enabling nearly a billion devices with intelligent app discovery. Digital Turbine will work with Google Cloud premier partner SADA to implement Google's enterprise and cloud solutions to rapidly enhance and expand globally while broadening growth and monetization solutions for its partners.
"We are excited to partner with Digital Turbine to support the expansion and scale of its products and services globally," said Rob Enslin, President of Google Cloud. "Digital Turbine has been a longtime supporter of the Android ecosystem, and with this new partnership, it will utilize our advanced cloud and enterprise infrastructure to expand support of its value-added mobile experiences to end users around the globe."
"For the past 10 years Digital Turbine has helped expand the Android ecosystem with our intelligent app discovery, growth and monetization products supporting many of the leading Android app developers in the market today," said Bill Stone, CEO of Digital Turbine. "We are thrilled to further deepen and expand our partnership with Google. By partnering with Google we are efficiently powering app discovery for nearly a billion Android devices globally while simultaneously expanding our footprint across the Android ecosystem including mobile, TV and connected devices."
Ya think I’m gna take my gains
Today it's trading at only about 5x trailing revenues. While revenues are constantly growing double/triple digits.
Look at the past charts. This has always had seriously wild swings. If you're a flipper this is a money maker. If you're a holder, this is also a money maker, just keep buying the dips. Seems horribly undervalued for a company that keeps posting monster growth and breaking all estimates.
Seems to be the norm nowadays. Up on bad news. Down on good news. Beat earnings and sink .
Gross correction. Uncalled for.
After hours isn’t that telling anyways. It could bounce hard in the morning
Was $50 in August. Buy the dips.
This seems senseless for the stock to go down like this. Below 80 would really be upsetting and uncalled for. Manipulation or are we doing something wrong?
No reason other than this ticker swings wildly, constantly. They’re busting out major revenue growth constantly. Now generating $1B+ in rev, increased rev forecast for next quarter, market cap is 8x or less trailing revs at this point.
Guessing more triple digit monster growth like always.
You’re the only one making any comparisons.
APPS was a big board back then...so what??? very successful company that found a niche and its in a totally different industry ... this isn't a competition, why make it so??? How long has the company been in existence??? was APPS ever an otc pinky???
OTC companies can uplist if they file audits and meet the other financial and asset requirements. Nobody is stopping them except themselves.
APPS was $0.80 a few years ago. Look what happens when you execute successfully?
isn't APPS a NASDAQ company as opposed to an otc pinksheet??? I wonder how long it took this company to go IPO from it's birth...I wonder how many setbacks they had...AND its in a totally different industry than game board cafes, so how can a pink sheet company be legitimately compared to a software company...too f u n n e e ...I'm not knocking this company, I have NO idea what it is and I am NOT willing to know either...
The uncertainty in the country worries me
Should be hot between now and Nov 4 when next filing comes out.
Markets are all a mess so I am thinking of taking profits
A higher stock price for APPS now comparing to TTD. Next step: a higher market cap?
Right on ! Good move ! Congratulations