Digital Turbine, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share

Earnings per Share

9 Months Ended

Dec. 31, 2023

Basic net (loss) income per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted net (loss) income per share is computed based on the weighted average number of common shares outstanding plus the effect of potentially dilutive common shares outstanding during the period using the applicable methods.

The following table sets forth the computation of basic and diluted net (loss) income per share of common stock (in thousands, except per share amounts):


	Three months ended December 31,				Nine months ended December 31,
	2023		2022		2023		2022
Net (loss) income per common share	(14,061)		4,062		(183,942)		30,723
Less: net (loss) income attributable to non-controlling interest	—		43		(220)		118
Net (loss) income attributable to Digital Turbine, Inc.	$	(14,061)	$	4,019	$	(183,722)	$	30,605
Weighted-average common shares outstanding, basic	101,376		99,108		100,643		98,623
Basic net (loss) income per common share attributable to Digital Turbine, Inc.	$	(0.14)	$	0.04	$	(1.83)	$	0.31
Weighted-average common shares outstanding, diluted	101,376		103,348		100,643		103,674
Diluted net (loss) income per common share attributable to Digital Turbine, Inc.	$	(0.14)	$	0.04	$	(1.83)	$	0.30

Potentially dilutive outstanding securities of 2,082,662 and 3,157,800 for the three and nine months ended December 31, 2023, respectively, and 1,477,381 and 1,462,517 for the three and nine months ended December 31, 2022, respectively, were excluded from the computation of diluted net income per share because their effect would have been anti-dilutive.