Zedge, Inc. (ZDGE) Swings to Q4 Loss

Zedge, Inc. (NYSE: ZDGE) reported Q4 EPS of ($0.08), versus $0.08 reported last year. Revenue for the quarter came in at $2.5 million, versus $2.4 million reported last year.

• Total installs at July 31, 2016 increased 35.6% to 216.4 million from 159.6 million at July 31, 2015
• Total active installs – devices with the Zedge app currently installed as estimated by the company – at July 31, 2016 increased 25.8% to 92.3 million from 73.4 million at July 31, 2015
• MAU (Monthly Active Users) for the last 30 days of the quarter increased 10.3% to 31.1 million from 28.2 million in the comparable period of 2015
• Average revenue per MAU declined by 9.3% in 4Q16 to $0.0244 from $0.0269 in the 4th quarter of FY 2015

For earnings history and earnings-related data on Zedge, Inc. (ZDGE) click here.

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