Zedge, Inc. (NYSE: ZDGE) reported Q4 EPS of ($0.02). Revenue for the quarter came in at $2.55 million.

Fourth Quarter and Full FY 2017 Operational and Financial Highlights

(Results are for the 4th quarter and full FY 2017 compared to the 4th quarter and full FY 2016 respectively, unless otherwise noted)

• MAU (Monthly Active Users) for the last 30 days of the quarter increased 1.9% to 31.7 million from 31.1 million in the comparable period of 2016, even as Q4 continued the shift in our user base to emerging markets from more well-developed countries. We have begun to see a reversal of the trend in Q1 of fiscal 2018;
• Total installs at July 31, 2017 increased 26.5% to 273.7 million from 216.4 million at July 31, 2016;
• Quarterly revenue increased 3.9% to $2.547 million from $2.452 million;
• Average revenue per MAU derived from our apps (ARPMAU) increased for the third consecutive quarter, rising 2.4% sequentially to $0.0255 from $0.0249;
• Full year revenue decreased 9.7% to $10.0 million compared to $11.1 million;
• Loss from operations during the 4th quarter of FY 2017 was $264 thousand compared to loss from operations of $771 thousand;
• Full year loss from operations was $683 thousand compared to income from operations of $1.173 million;
• Net loss per diluted share of $0.02 in the 4th quarter of FY 2017 compared to net loss per diluted share of $0.08;
• Full year diluted loss per share of $0.06 compared to diluted EPS of $0.11;
• Zedge Marketplace expected to launch in late 2017;
• Instituting cost cutting initiatives expected to yield $1.5 - $2.0 million annually, ex-Freeform. Some of these savings will be used for initial funding of the Zedge Marketplace initiative.

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