Categories AlphaGraphs, Earnings, Technology
Everything you need to know about Zedge’s Q2 2023 results
Zedge, Inc. (NYSE American: ZDGE), a provider of digital publishing services, has reported a lower net profit for the second quarter of 2023, despite a modest increase in revenues.
Total revenues edged up 1% year-over-year to $6.98 million in the second quarter of 2023. At 32.2 million, the number of monthly active users was down 11% during the three-month period.
The company reported a comprehensive net income of $1.76 million or $0.11 per share for the January quarter, on an adjusted basis, compared to $2.1 million or $0.16 per share in the prior-year period.
Read management/analysts’ comments on quarterly results
“Our second quarter was a mixed one as we navigated geopolitical, economic, and industry-specific challenges, and we were not immune to the forces impacting gaming and other advertising-based business models,” said Jonathan Reich, chief executive officer of Zedge.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Infographic: Key metrics from Estee Lauder’s (EL) Q3 2024 earnings results
The Estee Lauder Companies Inc. (NYSE: EL) reported its third quarter 2024 earnings results today. Net sales were $3.94 billion, up 5% from the prior-year quarter. Organic sales increased 6%.
YUM Earnings: Key quarterly highlights from Yum! Brands’ Q1 2024 financial results
Yum! Brands, Inc. (NYSE: YUM) reported first quarter 2024 earnings results today. Total revenues decreased 3% year-over-year to $1.59 billion. Same-store sales declined 3%. Net income increased 5% to $314
Pfizer (PFE) Q1 2024 Earnings: Key financials and quarterly highlights
Pfizer Inc. (NYSE: PFE) reported first quarter 2024 earnings results today. Revenues decreased 20% year-over-year to $14.8 billion. Reported net income declined 44% to $3.1 billion, or $0.55 per share,
