Zedge (NYSEAMERICAN:ZDGE – Get Free Report) announced its quarterly earnings data on Monday. The company reported $0.04 EPS for the quarter, meeting analysts’ consensus estimates of $0.04, FiscalAI reports. Zedge had a negative net margin of 3.62% and a positive return on equity of 11.18%. The business had revenue of $7.77 million during the quarter, compared to analyst estimates of $7.25 million.
Zedge Trading Up 1.8%
ZDGE stock traded up $0.05 during trading on Monday, reaching $2.76. 104,055 shares of the stock were exchanged, compared to its average volume of 92,438. Zedge has a twelve month low of $2.21 and a twelve month high of $4.70. The company has a market capitalization of $34.61 million, a P/E ratio of -30.66 and a beta of 1.20. The stock has a 50 day simple moving average of $2.94 and a 200-day simple moving average of $3.02.
Zedge Company Profile
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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