Zedge Stock Price, News & Analysis

Zedge, Inc. (NYSE American: ZDGE) has announced enhancements to Emojipedia's website, aimed at improving user experience and monetization. The redesign features a new landing page for better content categorization, a cross-site navigation bar for quicker access to emoji categories, and a stable search bar. These improvements are expected to enhance content discoverability for Emojipedia's over 8 million monthly users. The update follows the introduction of localized versions in multiple languages.

Zedge, Inc. (NYSE American: ZDGE) announced the launch of version 2.0 of its 'NFTs Made Easy' platform on August 8, 2022, in partnership with digital artist Micha Klein. This upgrade allows artists to sell limited editions of original NFTs, promoting broader ownership and value retention. The new platform aims to simplify the NFT marketplace experience and attract a wider audience, including GuruShots players. The first release will be Klein's unique Genesis Animated Crypto Pill NFT, available exclusively in Zedge Premium.

Zedge, Inc. (NYSE AMERICAN: ZDGE) announced the launch of localized versions of its Emojipedia website in Spanish, French, German, Italian, and Portuguese ahead of World Emoji Day on July 17. This expansion aims to enhance global accessibility for the nearly one billion native speakers of these languages. Emojipedia has over 8 million monthly users and was acquired by Zedge in August 2021. The move is expected to boost engagement and relevance as the platform capitalizes on recent emoji trends and traffic surge following iOS updates.

Zedge, Inc. (NYSE AMERICAN:ZDGE) announced CEO Jonathan Reich's participation in a virtual panel at the Digital Assets: Exploring The Metaverse & Crypto Assets Conference on June 23, 2022, at 2:00 p.m. EDT. This event focuses on NFTs and their creative aspects, showcasing insights from industry leaders. Zedge is dedicated to building marketplaces and games around digital content, monetizing through ads, subscriptions, and a token-based economy. In May 2022, the company served over 40 million users.

For registration, visit: here.

Zedge, Inc. (NYSE AMERICAN: ZDGE) reported an 18.6% revenue growth to $6.2 million for the third quarter of fiscal 2022. Net income decreased 67.2% to $0.8 million, with diluted EPS falling 70.6% to $0.05. The acquisition of GuruShots closed on April 12, expected to enhance growth despite reporting losses this quarter. Adjusted EBITDA rose 21.8% to $2.9 million, and cash flow from operations increased 41.7% to $5.6 million, aided by a one-time $2 million payment from AppLovin. MAUs declined 7.0%.

Zedge, Inc. (NYSE American: ZDGE) is set to release its third quarter fiscal 2022 financial results on June 13, 2022, after the market closes. The earnings report will be filed on Form 8-K and available on Zedge's investor relations site. Following the report, management will host a conference call at 4:30 PM Eastern to discuss results, outlook, and strategy, with a Q&A session. Zedge serves 44 million monthly active users globally, offering digital consumer brands like Zedge Ringtones and Wallpapers, alongside monetizing content through various channels.

Zedge, Inc. (NYSE American: ZDGE) will present at the Sidoti May Virtual MicroCap Conference on May 11, 2022, at 10:45 a.m. ET. The conference provides an opportunity for one-on-one meetings on May 11-12. Zedge, a global gaming and app publisher, serves 44 million users with its portfolio, including Zedge Ringtones and Wallpapers, GuruShots, and Emojipedia. The company monetizes content through ads, tokens, and subscriptions. For more details on the webcast, visit this link.

Zedge, Inc. (NYSE American: ZDGE) has acquired GuruShots, a leader in mobile gaming that blends photography and competition, to enhance its Creator Economy portfolio. The acquisition is expected to significantly increase Zedge's user base and revenue potential, with a target market of 30-40 million amateur photographers. The deal, worth up to $34.8 million, includes a base cash payment of $18 million and potential earnouts based on performance. Zedge aims to leverage GuruShots' gaming mechanics to boost user engagement across its platforms.

Zedge, Inc. (NYSE American: ZDGE) announced participation in the Maxim Group 2022 Virtual Growth Conference. CEO Jonathan Reich will engage in a Fireside Chat with analyst Allen Klee on March 30, 2022, at 9:30 a.m. EST. Zedge serves 44 million monthly active users with its digital consumer brands including Zedge Ringtones, Wallpapers, and others. The company monetizes its content through ads, tokens, and subscriptions. Interested viewers can register for the panel here.