| Earnings per Share |
Earnings per Share 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 Company excludes equity instruments from the calculation of diluted earnings per share if the effect of including such instruments is antidilutive.
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):
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Three months ended September 30, |
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Six months ended September 30, |
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2024 |
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2023 |
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2024 |
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2023 |
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| Net loss per common share |
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$ |
(24,986) |
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$ |
(161,482) |
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$ |
(50,142) |
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$ |
(169,881) |
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| Less: net loss attributable to non-controlling interest |
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— |
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— |
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— |
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(220) |
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| Net loss attributable to Digital Turbine, Inc. |
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$ |
(24,986) |
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$ |
(161,482) |
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$ |
(50,142) |
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$ |
(169,661) |
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| Weighted-average common shares outstanding, basic |
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103,041 |
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100,604 |
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102,722 |
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100,272 |
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| Basic net (loss) income per common share attributable to Digital Turbine, Inc. |
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$ |
(0.24) |
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$ |
(1.61) |
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$ |
(0.49) |
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$ |
(1.69) |
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| Weighted-average common shares outstanding, diluted |
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103,041 |
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100,604 |
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102,722 |
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100,272 |
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| Diluted net (loss) income per common share attributable to Digital Turbine, Inc. |
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$ |
(0.24) |
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$ |
(1.61) |
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$ |
(0.49) |
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$ |
(1.69) |
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