Digital Turbine secures $430 million credit facility, raises guidance

Digital Turbine Inc. (NASDAQ: APPS) completed a four-year $430 million term loan credit facility that replaces its previous debt set to mature in August 2026. The Austin-based mobile technology platform company used the new facility to fully repay its prior credit obligations.

"We're pleased to have secured this four-year term loan credit facility, which allows us to fully address our upcoming debt maturity and continue to focus on our business strategy with discipline," said Steve Lasher, Chief Financial Officer of Digital Turbine.

The company raised the lower end of its fiscal year 2026 guidance following what it described as strong first quarter performance. Digital Turbine now projects revenue between $530 million and $535 million, up from its previous range of $525 million to $535 million. Non-GAAP adjusted EBITDA guidance increased to $92 million to $95 million from the prior range of $90 million to $95 million.

Digital Turbine operates a platform that connects mobile operators, advertisers and publishers. The company is headquartered in North America with offices globally.

The information is based on a company press release issued September 2, 2025.

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