Afternoon and welcome to the Digital Turbine Fiscal 2026 First Quarter Results Call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing Star, then zero, on your telephone keypad. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press Star, then one on your telephone keypad. To withdraw your question, please press star, then two. Please note this event is being recorded. I would now like to turn the conference over to Brian Bartholomew, Senior Vice President, Capital Markets. Please go ahead. Thanks, Drew. Good afternoon and welcome to the Digital Turbine Fiscal 2026 First Quarter Earnings Conference call. Joining me on the call to discuss our results are CEO Bill Stone and CFO Stephen Lasher. Before we get started, I would like to take this opportunity to remind you that our remarks today will include forward-looking statements. These forward-looking statements are based on our current assumptions, expectations, and beliefs, including projected operating metrics, future products and services, anticipated market demand, and other forward-looking topics. Although we believe that our assumptions are reasonable, they are not guarantees of future performance, and some will inevitably prove to be incorrect. Except as required by law, we undertake no obligation to update any forward-looking statements. For a discussion of the risk factors that could cause our actual results to differ materially from those contemplated by our forward-looking statements, please refer to the documents we file with the Securities and Exchange Commission. Also, during this call, we will discuss certain non-GAAP measures of our performance. Non-GAAP measures are not substitutes for GAAP measures. Please refer to today's press release for important information about the limitations of using non-GAAP measures, as well as reconciliations of these non-GAAP financial results to the most comparable GAAP measures. Now I'd like to turn the call over to our CEO, Bill Stone. Thanks, Brian. Good afternoon, everyone, and thank you for joining us for Digital Turbine's Fiscal First Quarter 2026 Earnings Call. We're excited to report on our continued business momentum that accelerated in the first quarter. We delivered $131 million in revenue and $25 million in EBITDA, reflecting 11% revenue growth and 73% EBITDA growth year- over- year. These results are a testament to our strategic focus and improved execution across our platform, enabling us to increase our annual outlook for the fiscal year. Breaking it down by segment, our On Device Solutions business generated $95 million in revenue, which was up approximately 18% from the June quarter of last year. Our Application Growth Platform business posted $35 million in revenue, which was modestly down year- over- year. However, we're encouraged by the nearly 10% sequential improvement compared to the fiscal fourth quarter. There are three key drivers that powered our improved performance this quarter. First was higher advertiser demand, which translated into improved pricing and fill rates, particularly for premium placements on our platform. This strong advertiser demand resulted in 30%+ year- over- year growth in our revenue per device, or RPD, in both the U.S. and international markets for our On Device Solutions business. We also had solid double-digit year- over- year growth in our content media business. Our second driver was improved device volumes, particularly in North America and select international markets. This helped us expand our install footprint and monetization base. As an example, last year we saw a decline of approximately 1 million devices here in the U.S. between March and June, and this year we saw a modest increase in U.S. devices from March to June. Similarly, our international device volumes were up a few million units sequentially and year- over- year. Combined, these better RPDs and improved device volumes drove strong year- over- year growth. Finally, we made meaningful progress in our first-party data and AI machine learning platform, which is finally setting the foundation for smarter targeting, higher return on ad spend for advertisers, and improved user experiences. Beyond near-term execution, we're also making strategic progress positioning Digital Turbine for the future. Our first-party data investments, coupled with real-time AI-driven decisioning, were unlocking new levels of precision and scale. These capabilities are becoming even more valuable as advertisers seek alternatives to the closed walled garden ecosystems and look for transparent, performant ways to engage mobile users. We will begin branding these unique advantages as they are important to showcase to customers and partners why Digital Turbine is special and unique. You'll see us branding our first-party data as the DT Ignite Graph, and our AI machine learning platform, leveraging those data insights to drive improved advertiser and user experiences, will be branded as DT IQ. We're also seeing increasing brand engagement directly on our platform, a trend driven by our audience scale, strong device footprint, and proven ability to deliver measurable outcomes. The number of campaigns contributing to brand revenue increased by nearly 50% quarter- over- quarter. This signals stronger and more diversified demand. This diversification spans major advertisers across retail, consumer packaged goods, finance, insurance, entertainment, tech, telco, and more, giving us increased confidence in our ability to scale both broadly and deeply across many verticals. Moreover, the macro environment continues to shift in favor of direct distribution and alternative app distribution models. With the combination of our tech enablers such as DT Ignite Graph, DT IQ, and SingleTap, this trend positions us well. Regulatory momentum is accelerating in all geographies around the world to offer customer and publisher choice, including a reintroduction of the Open App Markets Act here in the U.S., as well as other recent legal rulings. We've recently joined forces with companies such as Meta, Spotify, and others in the Coalition for a Competitive Mobile Experience to work with regulators and other stakeholders to ensure a more open and competitive mobile marketplace for consumers and publishers. To wrap up, the first quarter was a promising start to our fiscal year. We showed solid year-over-year double-digit growth in revenue and EBITDA, driven by a healthy mix of execution, innovation, and favorable industry dynamics. We're building on the right foundation through operational discipline and strategic investment to drive sustained, profitable growth. We're excited by the traction we're seeing across the business and confident in our ability to continue to deliver value to partners, advertisers, users, and shareholders. With that, I'll turn it over to Steve to take you through the financials in more detail. Thank you, Bill, and good afternoon, everyone. The fiscal first quarter represented another meaningful step forward for the company. Total revenue for the quarter was $130.9 million, reflecting 11% growth year- over- year. At a segment level, our On Device Solutions business delivered $95.4 million in revenue, up 18% year- over- year, driven by strong growth in both device volumes and revenue per device, or RPD, particularly within our international partners. We also saw continued strength in RPDs and modest improvement in activation trends in the U.S. market. Our App Growth Platform segment generated $36.3 million in revenue, representing a 5% decline year- over- year. However, on a sequential basis, App Growth Platform revenue increased 9%, reflecting early signs of stabilization and progress as we work to strengthen the platform, leveraging our unique first-party data and AI capabilities. The combination of accelerated top-line growth and improving operating efficiencies, driven by the transformation initiatives we began late last year, resulted in strong EBITDA performance this quarter. Adjusted EBITDA for our fiscal first quarter was $25.1 million, up 73% year- over- year, marking our highest quarterly EBITDA since calendar 2023. Free cash flow remained positive at $1.4 million, an improvement of approximately $7 million year- over year. Non-GAAP gross margin for the fiscal first quarter was 47%, representing an improvement of more than 100 basis points compared to the same period last year. As a reminder, our gross margins are primarily influenced by shifts in product and segment mix, which will vary from period to period. Our cash operating expenses for the June quarter were $36.8 million, down 8% year- over year, in addition to our gross profit of $62 million, which grew 14% over the same period, a strong proof point of the operating leverage of the company. While we're encouraged by the progress made on cost discipline and operating efficiency, we remain committed to further streamlining our business processes, even as we continue to make disciplined investments to support future growth. Turning now to the bottom portion of the income statement, we reported a GAAP net loss of $14.1 million, or $0.13 per share in the fiscal first quarter. On a non-GAAP basis, we recorded net income of $5.8 million, or $0.05 per share, based on 110 million shares outstanding in the fiscal first quarter. Looking at the balance sheet, we ended the quarter with a cash balance of $34.1 million, down approximately $6 million from the March quarter, primarily reflecting the timing of working capital. Our total debt stood at $400.5 million, a reduction of more than $8 million quarter- over- quarter. With respect to debt refinancing activities, we're pleased with our continued progress and will share additional details as appropriate. Now let me turn to our updated outlook for fiscal 2026. On the heels of a stronger than expected first quarter and improved visibility into the remainder of the year, we are raising our full-year revenue and adjusted EBITDA guidance. We now expect revenue to be in the range of $525 million- $535 million, and adjusted EBITDA in the range of $90 million- $95 million for fiscal year 2026. At the midpoints, this represents an increase of $10 million in revenue guidance and $5 million in EBITDA guidance compared to our prior outlook. In closing, we are actively positioning the company for sustainable growth in fiscal 2026 and beyond. While we are encouraged by recent momentum across key areas of the business, our focus remains squarely on disciplined execution, financial rigor, and delivering long-term value for our shareholders. With that, let me hand the call back to our operator to open up the call for questions. We will now begin the question- and- answer session. To ask a question, you may press Star, then one on your telephone keypad. If you're using a speakerphone, please pick up your handset before pressing the keys. If at any time your question has been addressed and you would like to withdraw your question, please press Star, then two. Again, it is Star, then one to ask a question. At this time, we will pause momentarily to assemble our roster. The first question comes from Anthony Stoss with Craig-Hallum. Please go ahead. Hi guys. Nice execution for sure. Bill, on the international carrier strength and strength on the RPD side on the international business, is that a combination of new international customers or is it largely just better take rates on the international side? I had a follow-up after that. Yeah, thanks, Tony. Yeah, our international business on our On Device Solutions business in general was up 70%. It was driven by better device volumes and better RPDs. Specifically on the RPDs themselves, we're just getting better at execution. We're seeing also stronger demand coming into these geographies from other geographies. In other words, where we'd see a lot of demand coming in from Europe or Asia into the U.S., we've done a much better job now being able to get that demand going into other markets such as Latin America or into Europe on European supply. Those things are helping us drive better RPDs, but we continue to see strong performance there, especially combined with the stronger devices, which really helped drive some solid top-line performance. Got it. The brand revenue, our brand portion of your business was exceptionally strong. Can you talk about the longevity of this business? Is it something new? Do you have a bunch of new customers that have come online, and what's your visibility into that continuing? Yeah, one of the things I was really excited about in the brand business for the quarters is just more diversification. I talked about in my prepared remarks that we saw a nearly 50% increase in the amount of brand advertisers coming on the platform from more and more verticals. It's our job now to continue to grow and scale that, to see that diversification with more brands looking for solutions on our platform is incredibly encouraging for us. We think we have something unique and differentiated here in terms of mobile-first with our strategy in-app and something that we're playing a long game with and continuing to make good strides here. Got it. Last question, Bill, related to just the ongoing potential breakup of Apple or the monopoly of Apple and Google for app stores. What are you seeing recently just in terms of activity of potential customers, and do you expect any additional customers to actually launch alternative app stores on top of Epic this year? Yeah, it's really encouraging to see the recent legal ruling that came out from the judge reiterating what the jury had decided in the Epic Games and Google case, really opening up alternative app stores within the Google Play ecosystem. That's an encouraging development in terms of just more fair, open, transparent. We're seeing that around the world, not just in the U.S., but also in Europe, Korea, Brazil, Japan, India, just to name a few. I think from our perspective, what we're seeing is very strong interests, first and foremost from publishers. If you're thinking about large gaming companies or even large non-gaming companies looking to find different billing methods to their customers and our ability to leverage our platform with things like SingleTap and DT IQ and our DT Ignite Graph, I think it's something that's particularly encouraging to offer publishers options, first and foremost. On the distribution side, we're seeing a lot of encouraging developments here, not just in the U.S. on partners like Verizon, where we're live, but also we've got traction in Latin America as well as in the E.U from a lot of different operator and OEM partners that are excited about what happens here in the future with that. Perfect. Thanks, Bill. Congrats on the strong results again. All right. Thanks, Tony. The next question comes from Omar Dusuki with Bank of America. Please go ahead. Hey guys, it's Arthur Omar. Thanks for taking the question. Bill, maybe just on the AGP business, obviously great to see a gradual improvement here. What do you think needs to happen to bring this business back to year-over-year growth? Like, are there specific products or business segments that you'd like to see more improvement in this year? Yeah, I think in terms of our App Growth Platform business, our supply-side platform and our DTX Exchange product is showing nice year-over-year growth. I think the real key for us will be on the performance side of the business. That's something we're making a lot of energy and investments in, and some of the first-party data and AI machine learning things that I referenced in my remarks will be super important here on the demand side of that to really show that top-line growth. As I mentioned in my remarks, we saw really nice sequential growth in that business. It gives us encouragement that that's going to continue in quarters to come. Got it. If I could just follow up on that, any potential timeline you could share with us in terms of just that work that you guys are doing on the performance DSP side? We'll communicate our progress and timelines on future calls. Right now, I'm encouraged because what we've done now is we've been able to connect the actual performance DSP and all the bidding work to now the first-party data and AI machine learning algorithms, and we're getting much better and stronger at that. That will be the key driver to improve top-line performance in that business. Awesome. Thank you. Appreciate it. All right. Thanks, Arthur. The next question comes from Mitchell Pindus with Wells Fargo Private Bank. Please go ahead. Sure. Hi, gentlemen, and I'd like to also thank you for what looks like a nice confirmation of Digital Turbine's turnaround with these numbers. A couple of quick questions. Device sales have in recent quarters, actually in recent years, been headwinds, but now it looks like we're starting to get evidence from Apple, from Verizon that there seems to be a turnaround and anecdotally in device sales. Can you talk a little bit as to how that can affect Digital going forward? Yeah, sure, Mitch. We see it really helping us in two areas. First is just the macro trend, which is something that's been a headwind, as you mentioned, for us for the last couple of years. This past quarter was an encouraging sign to see that turnaround to become a tailwind and show growth from the June quarter to the March quarter and that sequential improvement. It's been a while since we've been able to talk about that. Hopefully that's an encouraging trend that continues. We've known for a long time that these long elongated upgrade cycles that were in the U.S. are not sustainable, and we're going to see that turnaround. We're starting to see that. That's a nice tailwind for us. The second thing we can do is also continue to grow our share with getting our technology on more devices. For example, that could be T-Mobile here in the U.S., which we just recently launched with Motorola and a variety of other things with Chinese OEMs and other partners in the E.U.. Growing our device footprint in addition to just the macro tailwind starting to emerge gives us a lot of optimism that we can see good growth from this part of the business. Great. Thank you. Generally speaking, where are you seeing some of your growth graphically coming from? Yeah, so on the supply side of the business on AGP, I've been really pleased with our growth in Asia and Europe in particular. For our On Device business, we've really done a nice job growing our business in the E.U. and Latin America. Those have been two bright spots for us. On the ODS business, to see the double-digit growth back here in the U.S. is also something that's been encouraging. It's really a true global story that's starting to emerge here. Got it. When you're billing outside the country, are you billing in USD or the local currency? Yeah, predominantly the vast majority of our revenues all come through USD. All right. That's all from me. Thank you. Okay, thanks, Mitch. This concludes our question- and- answer session. I would like to turn the conference back over to Bill Stone for any closing remarks. Thanks everyone for joining our call today. We'll talk to you again on our Fiscal 2026 second quarter call in a few months. Thanks and have a great night. The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.