6. Digital Turbine Inc. (NASDAQ:APPS)
Number of Hedge Fund Holders: 12
Digital Turbine Inc. (NASDAQ:APPS) is an independent mobile growth platform that provides end-to-end products and solutions for advertisers, publishers, carriers, and device OEMs. The company operates through two primary segments: On Device Solutions and App Growth Platform (AGP). The ODS segment includes Application Media, which delivers mobile applications to various publishers, carriers, OEMs, and devices, and Content Media, offering news, weather, sports, and other content, as well as programmatic advertising and media content delivery services. The AGP segment encompasses Advertising Solutions and Ad Monetization Solutions, enabling mobile app publishers and developers to monetize their active users through display, native, and video advertising. APPS’s services are utilized by mobile operators, OEMs, and other third parties, with operations spanning North America, South America, Germany, Singapore, India, Turkey, and Israel. APPS is one of the best penny stocks with insider buying.
Digital Turbine Inc. (NASDAQ:APPS) exceeded expectations in the latest Q3 2025 with revenue of $135 million, adjusted EBITDA of $22 million, and non-GAAP EPS of $0.13. The company demonstrated improved performance driven by increased advertising demand, transformation efforts showing bottom-line results, and enhanced execution, particularly in the On Device international business and brand strategy. The ODS segment reached $92 million in revenue, marking an 11% sequential increase, with record revenue per device achievements both domestically and internationally. The company’s international On Device revenues showed remarkable growth, up 100% year-over-year.
Digital Turbine Inc. (NASDAQ:APPS) is successfully executing its transformation program, having already achieved over $25 million in annualized cost efficiencies. The company is expanding its global device relationships through partnerships with Motorola, Nokia, ONE Store, Xiaomi, Telecom Italia Brasil, and T-Mobile in the US. Looking forward, the company provided guidance for fiscal year 2025 with projected revenue between $485 million to $490 million and non-GAAP adjusted EBITDA between $69 million and $71 million, which is further reinforced by at least two insiders buying more than $100,000 worth of APPS stock in the last six months.
