10 Micro and Small-Cap Firms Drive Year-to-Date Gains

6. Digital Turbine Inc. (NASDAQ:APPS)

Software firm Digital Turbine, saw its share prices increase by 266 percent year-to-date, ending at $6.19 apiece versus the $1.69 registered on December 31.

For this year alone, APPS registered its highest price of $6.52 apiece on February 13, as investors continued to snap up shares following its bullish guidance for fiscal year 2025.

In its latest earnings release, APPS—with a market capitalization of $649.99 million—raised its annual revenue guidance to settle between $485 million and $490 million, with non-GAAP adjusted EBITDA ranging from $69 million to $71 million.

In the third quarter of the fiscal period, APPS registered a 64-percent increase in net loss to $23 million versus the $14 million reported in the same period a year earlier, as revenues dipped 5.6 percent to $134.6 million from $142.6 million year-on-year.

However, net loss for the full year narrowed by 60 percent to $73.27 million from $183.9 million in 2023, despite revenues declining by 14 percent to $371 million from $432 million.