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. 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) 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.
Zedge, Inc. (NYSE American:ZDGE) will present at the LD 500 investor conference on September 2, 2020, at 10:20 a.m. ET. CEO Jonathan Reich will address a live audience, highlighting Zedge's digital publishing platform, which offers wallpapers, ringtones, and stickers. The LD 500 conference runs from September 1-4 and is accessible to all due to its virtual format, allowing participants to engage with unique microcap companies safely. Zedge boasts over 436 million downloads and 29 million monthly active users.