#United States #Austin, Texas #Debt Refinancing #Digital Turbine #fiscal guidance

Digital Turbine Completes Debt Refinancing

Digital Turbine, Inc., a leader in enhancing mobile experiences through innovative technology, recently announced the successful completion of a new four-year term loan credit facility amounting to $430 million. This strategic refinancing initiative is particularly noteworthy as it extends the company's debt maturity timeline, paving the way for accelerated growth and enhanced operational efficiency.

The newly acquired credit facility has effectively replaced the company’s prior loan, which was set to mature in August 2026. This move not only alleviates immediate financial pressures but also provides Digital Turbine with the strategic flexibility needed to execute its essential initiatives aimed at scaling innovations across its platform. The refinancing aligns with Digital Turbine's ambition to foster operational efficiencies and continue providing exceptional mobile services to its global partners.

Steve Lasher, the Chief Financial Officer of Digital Turbine, expressed his satisfaction regarding this significant development, stating, "We are pleased to have secured this four-year term loan credit facility, which enables us to comprehensively address our upcoming debt maturity while focusing on our growth strategy with utmost professionalism. Our improved execution and recent performance will allow us to maintain our trajectory towards sustained growth."

Fiscal Year 2026 Guidance Update

Following a strong performance in the first fiscal quarter, Digital Turbine has raised its lower-end revenue guidance. The company now anticipates generating revenues in the range of $530 million to $535 million for the fiscal year 2026, along with an adjusted EBITDA anticipated between $92 million and $95 million.


Although the company has provided robust revenue and EBITDA estimates, it refrained from offering specific projections for GAAP net income. This decision stems from the inherent unpredictability regarding stock-based compensation expenses, which can fluctuate significantly based on the company's stock performance.

About Digital Turbine

Digital Turbine is recognized on NASDAQ under the ticker symbol APPS and is a cornerstone in delivering superior mobile experiences for both consumers and major mobile operators, advertisers, and publishers worldwide. The company's platform simplifies the process for partners to effectively engage consumers through recognition, acquisition, and monetization across various devices. Operating out of North America, Digital Turbine maintains a global presence with multiple international offices.

In summary, Digital Turbine’s successful refinancing initiative, coupled with its revised financial forecast, signifies a strong and steady path moving forward. With plans to enhance its operational framework and innovate its product offerings, the company is well-positioned to navigate the evolving landscape of mobile technology and advertising.