Zedge, Inc. (ZDGE) Reports Q3 EPS of $0.04

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Go back to Zedge, Inc. (ZDGE) Reports Q3 EPS of $0.04

Zedge Announces Third Quarter Fiscal 2016 Results

June 9, 2016 4:30 PM EDT

NEW YORK & TRONDHEIM, Norway--(BUSINESS WIRE)-- Zedge, Inc. (NYSE MKT: ZDGE) today announced results for the third quarter of its 2016 fiscal year, the three months ended April 30, 2016.

Third Quarter FY 2016 Financial Highlights(Results compared to the third quarter 2015 unless otherwise noted)

MAU (Monthly Active Users) for the last 30 days of the quarter increased 18% year over year to 31.6 million from 26.7 million; Average revenue per MAU declined 1.6% to $0.0247 from $0.0251; Revenue increased 17% to $2.6 million from $2.2 million; Direct cost of... More