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

6 Months Ended

Sep. 30, 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 September 30,				Six months ended September 30,
	2023		2022		2023		2022
Net (loss) income per common share	(161,482)		11,703		(169,881)		26,661
Less: net (loss) income attributable to non-controlling interest	—		39		(220)		75
Net (loss) income attributable to Digital Turbine, Inc.	$	(161,482)	$	11,664	$	(169,661)	$	26,586
Weighted-average common shares outstanding, basic	100,604		98,887		100,272		98,324
Basic net (loss) income per common share attributable to Digital Turbine, Inc.	$	(1.61)	$	0.12	$	(1.69)	$	0.27
Weighted-average common shares outstanding, diluted	100,604		102,898		100,272		102,777
Diluted net (loss) income per common share attributable to Digital Turbine, Inc.	$	(1.61)	$	0.11	$	(1.69)	$	0.26

Potentially dilutive outstanding securities of 2,823,586 and 3,273,213 for the three and six months ended September 30, 2023, respectively, and 1,526,531 and 1,445,951 for the three and six months ended September 30, 2022, respectively, were excluded from the computation of diluted net income per share because their effect would have been anti-dilutive.