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.
Zedge, Inc. (NYSE American: ZDGE) is a software publisher focused on digital marketplaces, interactive games and AI-driven platforms, and its news flow reflects activity across this ecosystem. Company announcements frequently cover financial results for its fiscal quarters and years, reported via earnings releases that are also furnished on Form 8-K. These updates discuss revenue by category, profitability measures, cash flow, subscription trends, user metrics and share repurchase activity, as well as commentary on business performance.
News about Zedge also highlights developments in its product portfolio. The company issues press releases about the Zedge Marketplace, which offers mobile wallpapers, video wallpapers, ringtones and notification sounds, and about features such as pAInt, its generative AI maker. Updates on GuruShots, described as “The World’s Greatest Photography Game,” and Emojipedia, its emoji information resource, appear alongside information on newer initiatives like DataSeeds.AI, Tapedeck and SynCat.
Recent communications have described the launch and growth of DataSeeds.AI, a B2B platform for rights-cleared visual and video datasets used in AI training, including new customer wins and enhancements to search capabilities. Zedge has also announced Tapedeck, a music app and service positioned around an artist-first compensation model, and the formation of an AI-powered Product Innovation Team, with SynCat cited as an example of rapid, AI-driven product development.
Investors following ZDGE news can expect coverage of capital allocation decisions such as the initiation of a quarterly cash dividend program and ongoing share repurchases, as well as participation in investor conferences and earnings calls. This news page aggregates these releases and related market updates, making it easier to monitor how Zedge’s financial performance, creator platforms and AI-focused initiatives evolve over time.
Zedge, Inc. (NYSE American:ZDGE) announced the launch of Banksy's graffiti wallpapers in its Zedge Premium marketplace on June 15, 2021. This partnership with Full Colour Black aims to enhance the platform's offerings for artists and users, adding significant value through high-definition imagery and improved content features. With nearly 35 million monthly users, Zedge continues to support both established and emerging artists, contributing to a vibrant creator economy. The deal is expected to drive revenue growth for artists while enriching user experience.
Zedge, a mobile phone personalization app developer, reported a 153% year-over-year revenue growth to $5.3 million for its third fiscal quarter ended April 30, 2021. The company's net income reached $1.9 million, with an EPS of $0.13 and EBITDA of $2.3 million. Monthly Active Users (MAU) increased by 19.8% to 34.5 million. Zedge raised its full-year revenue growth guidance to 95-100%. Notable factors include significant growth in advertising and subscription revenues, enhanced user engagement initiatives, and strategic product management hires to drive future growth.
Zedge, Inc. (NYSE:ZDGE) will join the Russell Microcap Index effective June 28, 2021, following the annual reconstitution. This membership signifies a milestone for Zedge, reflecting its growth and financial performance improvements. The inclusion is expected to attract a broader audience of investors, enhancing visibility among institutional investors who manage approximately $10.6 trillion in assets using Russell indexes. CEO Jonathan Reich emphasized the opportunity to showcase Zedge's revenue growth and user engagement strategies.
Zedge, Inc. (NYSE American: ZDGE) will announce its financial results for the third quarter of 2021, concluding on April 30, 2021, on June 10, 2021, at approximately 4:10 PM Eastern. The earnings release will be available on the Zedge investor relations website. Following the release, management will host a conference call at 4:30 PM Eastern to discuss the results and future strategies. Zedge boasts around 482 million organic installs and over 35 million monthly active users as of January 31, 2021, showcasing its strong presence in mobile phone personalization.
Zedge reported a remarkable second quarter for fiscal 2021, achieving revenue of $5.3 million, a 101% increase year-over-year. Net income also surged to $2.3 million with an EPS of $0.17. The company raised its full-year revenue growth guidance to 75-80%. Key highlights include an operating income of $2.5 million and a significant cash flow increase of 296.9%. Monthly active users reached 35.4 million, indicating a 3.3% growth.
This strong performance emphasizes Zedge's commitment to enhancing user engagement and its strategic growth initiatives.
Zedge, Inc. (NYSE American: ZDGE) will disclose its Q2 2021 financial and operational results on March 15, 2021. The earnings release will be available on the investor relations website at approximately 4:10 PM Eastern. An earnings conference call will follow at 4:30 PM Eastern, where management will discuss results, outlook, and strategy, along with a Q&A session. Interested participants can join by dialing the provided toll-free numbers. Zedge is a leader in mobile phone personalization, boasting around 465 million installs and 32 million monthly active users.
Zedge, Inc. (NYSE AMERICAN:ZDGE) reported significant user engagement in 2020, with approximately 141 million unique users downloading around 2.1 billion items. Despite pandemic-related challenges, the Zedge app showed robust demand for mobile personalization. Looking ahead, Zedge plans to enhance features and expand its user base, particularly targeting iOS users with new widgets and icons. The company also aims to improve its subscription offerings, with a 158% annual growth rate in subscriptions and a ~45% renewal rate, indicating strong user loyalty.
Zedge (NYSE American: ZDGE) will present at the 13th annual LD Micro Main Event on December 14 at 6:20 a.m. PST. The company's CEO, Jonathan Reich, will address a virtual audience. Zedge will also release its Q1 fiscal 2021 earnings after market close on December 10, with a webcast available for viewing. The Main Event features a new format, allowing for a 10-minute presentation followed by a Q&A session. For more details, visit Zedge's profile.
Zedge, Inc. (NYSE American: ZDGE) will announce its financial results for the first quarter of 2021, covering the period ending October 31, 2020, on December 10, 2020, at approximately 4:10 PM Eastern. The report will be available via Form 8-K on their investor relations website. Following the earnings release, management will host a conference call at 4:30 PM Eastern to discuss results and strategy, with a Q&A session for investors. A replay of the call will be accessible until December 24, 2020. Zedge boasts 32 million monthly active users and 450 million app downloads.
Zedge, Inc. (NYSE AMERICAN: ZDGE) announced that CEO Jonathan Reich will present virtually at the H.C. Wainwright 6th Annual Israel Conference on November 12, 2020, at 10:30 a.m. ET. He will also hold one-on-one meetings throughout the day. Attendees can access the group's presentation audio here and the archived webcast here. Zedge is a mobile publishing platform offering a variety of digital content, including wallpapers, ringtones, and stickers, with over 450 million downloads and 32 million monthly active users.