FeesSafety
Pluang+

Investigation launched into Digital Turbine over misstated revenue expenses causing stock drop

Market News
11 Nov 2026, 14:00 WIB
GlobeNewsWire
View Source
Bearish
Investigation launched into Digital Turbine over misstated revenue expenses causing stock drop

Holzer & Holzer, LLC is investigating Digital Turbine, Inc. for potentially violating federal securities laws after the company revised its financial statements. Digital Turbine disclosed an understatement of $3.5 million in revenue share expenses for Q2 fiscal 2027, which led to a drop in its stock price. The investigation aims to determine if the company properly reported its financials. Investors who suffered losses are encouraged to contact the law firm for legal advice.

Digital Turbine Inc. (APPS) trades at USD 7.43 on Pluang as of Nov 11, 2026, 19:15 WIB, up 2.48% for the day. The stock shows strong buying interest with 74% of orders as buys. Its market cap stands at $883.13 million, reflecting steady investor attention despite recent financial scrutiny.

More News (APPS)

Ademi LLP investigates Digital Turbine for possible securities fraud amid stock drop over 30%.

Ademi LLP investigates Digital Turbine for possible securities fraud amid stock drop over 30%.

Ademi LLP is investigating Digital Turbine for potential securities fraud related to alleged inaccurate statements about its financials and business operations. This comes as Digital Turbine's stock has fallen more than 30%. The investigation aims to...

Market News
Bearish
12 hours ago
Digital Turbine faces securities fraud probe after earnings delay and rising partner costs hit stock.

Digital Turbine faces securities fraud probe after earnings delay and rising partner costs hit stock.

Block & Leviton LLP is investigating Digital Turbine for potential securities fraud after the company delayed its Q2 earnings report and revealed higher-than-reported partner revenue-share costs. The stock dropped sharply following these announcement...

Market News
Bearish
1 day ago
Digital Turbine stock plunges 23% despite beating revenue estimates due to shrinking margins and profit concerns.

Digital Turbine stock plunges 23% despite beating revenue estimates due to shrinking margins and profit concerns.

Digital Turbine's stock dropped 23% after reporting Q2 FY2027 results that beat revenue estimates with $178.7 million, a 27% increase year-over-year. However, the company’s profit outlook remained flat with adjusted EBITDA guidance unchanged despite ...

Market News
Bearish
1 day ago
Digital Turbine Q2 revenue grows 27%, non-GAAP EBITDA up 46%, guiding $670-$690M revenue for FY2027

Digital Turbine Q2 revenue grows 27%, non-GAAP EBITDA up 46%, guiding $670-$690M revenue for FY2027

Digital Turbine reported Q2 fiscal 2027 revenue of $178.7 million, a 27% increase year-over-year, driven by strong growth in its On Device Solutions and App Growth Platform segments. Non-GAAP adjusted EBITDA rose 46% to $39.8 million, reflecting oper...

Company Fundamentals
Bullish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App