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

3 Months Ended

Jun. 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 June 30,
		2023		2022
Net (loss) income per common share		(8,399)		14,958
Less: net (loss) income attributable to non-controlling interest		(220)		36
Net (loss) income attributable to Digital Turbine, Inc.		$	(8,179)	$	14,922
Weighted-average common shares outstanding, basic		99,877		97,822
Basic net (loss) income per common share attributable to Digital Turbine, Inc.		$	(0.08)	$	0.15
Weighted-average common shares outstanding, diluted		99,877		102,686
Diluted net (loss) income per common share attributable to Digital Turbine, Inc.		$	(0.08)	$	0.15

Potentially dilutive outstanding securities of 4,903,410 and 1,529,761 for the three months ended June 30, 2023 and 2022, respectively, were excluded from the computation of diluted net income per share because their effect would have been anti-dilutive.