Digital Turbine, Inc. (APPS) had a pretty good Tuesday evening. The company's shares rallied in extended trading after delivering quarterly results that beat expectations across the board.

The Numbers

Digital Turbine reported earnings of 18 cents per share for the third quarter, crushing the analyst consensus of 12 cents by 56.52%. Revenue came in at $151.4 million, comfortably ahead of the Street estimate of $145.73 million.

The operational metrics looked equally strong. Non-GAAP adjusted EBITDA reached $38.8 million, up 76% year-over-year, while free cash flow totaled $6.4 million for the quarter.

"Our December quarter results reflected a continuance of our positive business momentum," said CEO Bill Stone. "I was particularly pleased with the breadth and diversity of our results, which were driven by strong demand, expanding global supply, and great execution by our team. Collectively, it enabled us to once again deliver upside results and raise our full-year fiscal 2026 outlook."

Looking Ahead

Speaking of that outlook, Digital Turbine raised its fiscal 2026 revenue guidance to a range of $553 million to $558 million.

Investors seemed to like what they heard. APPS stock climbed 12.89% to $5.58 in Tuesday's after-hours session.