Zedge (NYSEAMERICAN:ZDGE – Get Free Report) announced its quarterly earnings results on Monday. The company reported $0.04 EPS for the quarter, meeting the consensus estimate of $0.04, FiscalAI reports. Zedge had a positive return on equity of 11.18% and a negative net margin of 3.62%. The company had revenue of $7.77 million for the quarter, compared to the consensus estimate of $7.25 million.
Zedge Price Performance
Shares of NYSEAMERICAN ZDGE traded up $0.05 during trading hours on Monday, hitting $2.76. 104,055 shares of the stock were exchanged, compared to its average volume of 92,438. The company’s 50 day moving average is $2.94 and its 200 day moving average is $3.02. The firm has a market capitalization of $34.61 million, a P/E ratio of -30.66 and a beta of 1.20. Zedge has a one year low of $2.21 and a one year high of $4.70.
About Zedge
Zedge, Inc (NYSE American: ZDGE) operates a mobile-first digital content platform that enables users to discover, customize and share content for smartphones and other personal devices. Its principal consumer product is the Zedge app, which offers wallpapers, video wallpapers, ringtones, notification sounds, stickers and other personalization content.
The company provides both free and premium content, with offerings from independent creators as well as technology-assisted and user-generated content.
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