IDT Corp. (IDT) Reports Q3 EPS of $0.38

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Zedge Announces Completion of Its Spin-off from IDT

June 2, 2016 10:32 AM EDT

NEW YORK--(BUSINESS WIRE)-- Zedge (NYSE MKT: ZDGE) today announced that its spin-off from IDT Corporation (NYSE: IDT) has been successfully completed following the distribution by IDT of ZDGE common stock to IDT stockholders. Zedge Class B Common Stock will begin trading regular way today on the NYSE MKT with the ticker symbol ZDGE.

Tom Arnoy, co-founder and CEO of Zedge, said, Since our inception, we have been focused on developing an exceptional service that enables Zedgers to express their identity, feelings, tastes and interests on their mobile phones with outstanding... More