In the latest trading session, Digital Turbine (APPS) closed at $5.69, marking a -0.35% move from the previous day. This change was narrower than the S&P 500’s 1.05% loss on the day. Elsewhere, the Dow lost 1.59%, while the tech-heavy Nasdaq lost 0.54%.
Investors will be hoping for strength from APPS as it approaches its next earnings release. In that report, analysts expect APPS to post earnings of $0.05 per share. This would mark year-over-year growth of 66.67%. Our most recent consensus estimate is calling for quarterly revenue of $38.40 million, up 41.21% from the year-ago period.
Investors should also note any recent changes to analyst estimates for APPS. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company’s business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock
In a world suddenly fearful of touch, voice technology is getting a fresh look.
Voice-activated systems such as Google Assistant, Amazon Alexa and Apple’s Siri have seen strong growth in recent years, and the virus pandemic could accelerate that, analysts say.
Voice assistants are not only answering queries and shopping, but also being used for smart home control and for a range of business and medical applications which could see increased interest as people seek to limit personal contact.
“Voice has already made significant inroads into the smart home space and voice control can mean avoiding commonly touched surfaces around the home from smartphones, to TV remotes, light switches, thermostats, door handles and more,” said analyst Jonathan Collins of ABI Research.
The pandemic is likely to provide “additional motivation and incentive for voice control in the home that will help drive awareness and adoption for a range of additional smart
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