Categories AlphaGraphs, Earnings, Technology
Infographic: Highlights of Zedge’s (ZDGE) Q2 2022 earnings
Digital publishing platform Zedge, Inc. (NYSE American: ZDGE) has reported a 30% increase in second-quarter revenues amid an increase in subscriptions.
Total revenues increased 30% year-over-year to $6.9 million in the second quarter of 2022. At 36.3 million, the number of monthly active users was up 3%.
The company reported a net income of $2.1 million or $0.16 per share for the January quarter, on an adjusted basis, compared to $2.6 million or $0.17 per share in the prior-year period.
Read management/analysts’ comments on Zedge’s Q2 2022 earnings
“We remain on track to finalize this migration by the end of the month, but some of the remaining social and community features in development will roll out slightly later than originally expected. Nonetheless, we continue forging forward with ‘NFTs Made Easy’ by focusing on expanding the offering to more artists and introducing additional features and capabilities to build out the ecosystem,” said Jonathan Reich, chief executive officer of Zedge.
Stocks you may like:
International Business Machines Corp. (IBM) Stock
CPB Earnings: Key quarterly highlights from Campbell Soup’s Q3 2023 financial results
Campbell Soup Company (NYSE: CPB) reported its third quarter 2023 earnings results today. Net sales increased 5% year-over-year to $2.23 billion. Organic sales also rose 5%. Net earnings attributable to
Key takeaways from J.M. Smucker’s (SJM) Q4 2023 earnings report
Shares of the J.M. Smucker Co. (NYSE: SJM) were down over 2% on Tuesday despite the company beating expectations on its earnings results for the fourth quarter of 2023. The
Oracle (ORCL) looks set to report strong Q4 results next week
After a period of lackluster performance, Oracle Corporation (NYSE: ORCL) got a much-needed boost as the software giant expanded its cloud business aggressively in recent years. The company has outperformed