Welcome to our dedicated page for Zedge news (Ticker: $ZDGE), a resource for investors and traders seeking the latest updates and insights on Zedge stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Zedge's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Zedge's position in the market.
Zedge (NYSE American: ZDGE) will announce its third fiscal quarter 2024 results on June 10, 2024, after market close. The period ended on April 30, 2024. The earnings release will be available on Form 8-K and on Zedge's investor relations website at around 4:10 p.m. Eastern. An earnings call hosted by management will commence at 4:30 p.m. Eastern to discuss the results, outlook, and strategy, followed by a Q&A session. Zedge operates digital marketplaces and competitive games, including Zedge Ringtones and Wallpapers, GuruShots, and Emojipedia, serving tens of millions of active users monthly.
Zedge (NYSE AMERICAN: ZDGE), a company specializing in digital marketplaces and competitive games, announced its selection to the Russell Microcap Index, effective July 1, 2024. This announcement follows the 2024 Russell U.S. Indexes annual reconstitution. According to CEO Jonathan Reich, Zedge has recently returned to revenue growth, maintains positive cash flow, has $18.1 million in cash with no debt, and is actively repurchasing shares. The addition to the index is expected to increase investor awareness of Zedge's growth potential in generative AI and gaming. The Russell U.S. Indexes represent $10.5 trillion in assets, with the annual reconstitution ensuring accurate market representation.
