Digital Turbine shares jumped 45% in morning trading on Tuesday after the mobile advertising technology company reported better-than-expected fourth quarter results and issued strong guidance for fiscal 2026.

The company posted adjusted earnings per share of $0.10 for the quarter ended March 31, beating analyst estimates of $0.04. Revenue came in at $119.2 million, surpassing expectations of $116.21 million and growing 6% YoY.

"I am extremely proud of the improved execution by our team over the past year," said CEO Bill Stone. "These improvements are now paying dividends, as we had solid year-over-year growth on both the top and bottom lines, including EBITDA growth of 66% in our fiscal fourth quarter."

For fiscal 2026, Digital Turbine forecasts revenue between $515 million and $525 million, well above the consensus estimate of $488 million. The upbeat outlook suggests continued momentum in the company’s mobile advertising and app monetization businesses.

The strong results and guidance appear to be driving investor optimism, with shares surging in extended trading. Digital Turbine’s adjusted EBITDA of $20.5 million for Q4 represented 66% YoY growth, highlighting improving profitability.