Digital Turbine's Q3 results were a major disappointment as the company failed to meet the revenue expectations as well as the earnings expectations of Wall Street. In the quarter, revenue decreased by 25% from the prior year to $162.3 million which was unexpected. Their advertising spending decreased faster than anticipated throughout the holiday season, affecting revenue performance. Despite year-over-year growth in global devices, they saw increases in U.S. devices. Regarding ad placement kin ....
