In the third quarter of fiscal 2025, Digital Turbine Inc (APPS) reported significant improvements in revenue and operational efficiency, with total revenues reaching $134.6 million, representing a 13% sequential increase. This performance was driven by heightened advertising demand, particularly in the company’s On-Device segments, which showed record revenue per device. Despite facing challenges with U.S. device volumes, the international On-Device Media segment achieved a remarkable 100% year-over-year growth. However, the company posted a net loss of $23.1 million, highlighting ongoing pressures on profitability. Management is optimistic, citing strategic initiatives aimed at enhancing operational efficiency and revenue growth, particularly through investments in brand partnerships and alternative app distribution strategies. Overall, while the company continues to navigate certain market pressures, its focus on innovation positions it for long-term growth.