Digital Turbine's Stock Down 5.5% Despite Raising Guidance and Raising Equity

Digital Turbine reported Q3 FY26 results with sales of $151.4 million and a net income of $5.11 million. The company raised its full-year 2026 revenue guidance to $553-$558 million and completed an at-the-market follow-on equity offering raising $58.57 million. The share price has declined 5.5% as investors reassess the balance sheet risk and near-term catalysts for execution and revenue growth.