Digital Turbine Inc. (APPS) has disclosed a new risk, in the Employment / Personnel category.
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Digital Turbine Inc.’s recent transformation program, initiated in October 2024, aims to enhance operational efficiency and cut costs through various strategic measures including workforce reductions. However, these efforts might not yield the anticipated improvements in operating margins or cash flows, and could inadvertently lead to increased employee attrition, a decline in morale, and operational disruptions. The company also faces the risk of incurring higher-than-expected costs due to legal requirements and other unforeseen challenges. Should these restructuring initiatives fail to meet their objectives, they could significantly impact the company’s financial health and operational stability.
The average APPS stock price target is $2.50, implying -49.90% downside potential.
To learn more about Digital Turbine Inc.’s risk factors, click here.
