Zedge, Inc. reports developments across digital marketplaces, interactive games, and content tools used for mobile self-expression and creator commerce. Recurring updates cover the Zedge Marketplace for wallpapers, video wallpapers, ringtones, notification sounds, and Zedge Premium; pAInt, its generative AI maker; GuruShots, a skill-based photography challenge game; Emojipedia; and DataSeeds.AI, a B2B offering for rights-cleared visual datasets for AI training.
Company news also covers fiscal results, advertising and subscription revenue trends, active subscriptions, ARPMAU, product innovation efforts, restructuring costs, capital allocation, share repurchases, and cash dividends on Zedge's Class B common stock.
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.
Zedge, Inc. (NYSE: ZDGE) reported strong fiscal 2020 results, with a remarkable 39.2% revenue increase in Q4, amounting to $2.7 million. Paid subscription revenue surged 378% year-over-year, contributing significantly to a positive earnings per share of $0.04. The company achieved an operating income of $0.4 million compared to a loss last year. Full-year revenue rose 7.4% to $9.5 million, with consistent cash flow positivity across all quarters. Zedge aims for over 20% revenue growth in fiscal 2021, anticipating profitability and ongoing positive cash flow.
Zedge, Inc. (NYSE American: ZDGE) will report its financial results for Q4 and the end of fiscal year 2020 on October 22, 2020, at approximately 4:10 PM Eastern. The earnings release will also be available on the company's investor relations website. An earnings conference call will follow at 4:30 PM Eastern, with management discussing the results and strategy. Zedge boasts over 436 million app downloads and approximately 29 million monthly active users, highlighting its strong presence in the digital content market.