Some tech stocks inundate investors with press releases, hoping it will juice their share price. Then there are tech stocks that perform well because they report strong financial results and outlooks. Digital Turbine Inc (NASDAQ:APPS) fits perfectly in the latter category.
The Austin, Texas-based software company reported its best December quarterly results in the company's history and expects full-year 2019 revenue to increase 37.7% year-over-year.
Great financials and a solid outlook have helped Digital Turbine stock advance 166% since October 2018 and 73% since the start of 2019. By all accounts, this is.
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