Categories AlphaGraphs, Earnings, Technology
Infographic: Highlights of Zedge’s (ZDGE) Q3 2022 earnings
Zedge, Inc. (NYSE American: ZDGE), a leading provider of digital publishing services, has reported a 19% increase in third-quarter revenues, but the company’s earnings declined hurt by an increase in expenses.
Total revenues increased 19% year-over-year to $6.2 million in the third quarter of 2022. At 32.1 million, the number of monthly active users was down 7% during the three-month period.
The company reported a comprehensive profit of $0.61 million or $0.05 per share for the April quarter, on an adjusted basis, compared to $2.58 million or $0.17 per share in the prior-year period.
Read management/analysts’ comments on quarterly results
“Looking at our financial performance, GuruShots’ revenue contribution was minimal this quarter in light of the timing of the closing and, as expected, it reported losses. Despite this, our consolidated Adjusted EBITDA grew faster than revenue and Zedge Premium’s Gross Transaction Value (GTV) increased by 63% on the heels of steadily increasing NFT sales in the marketplace,” 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
Key highlights from Pfizer’s (PFE) Q1 2025 earnings results
Pfizer Inc. (NYSE: PFE) reported its first quarter 2025 earnings results today. Revenues decreased 8% year-over-year to $13.7 billion. GAAP net income decreased 5% to $2.96 billion, or $0.52 per
PYPL Earnings: PayPal reports higher Q1 2025 revenue and profit
PayPal Holdings Inc. (NASDAQ: PYPL) on Tuesday reported a modest increase in revenue for the first quarter of 2025 when the payment service giant's adjusted earnings rose by double digits.
General Motors (GM) Q1 2025 revenue and adj. earnings beat estimates
Auto giant General Motors (NYSE: GM) on Tuesday announced financial results for the first quarter of 2025, reporting an increase in revenue and adjusted profit. The results also topped expectations.