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Zedge Announces First Fiscal Quarter Revenue Growth of 85% and Record Overall Quarterly Financial Results ACCESSWIRE EPS of $0.08 and cash flow from operations of $1.5 million NEW YORK, NY / ACCESSWIRE / December 10, 2020 / Zedge, Inc. (NYSE AMERICAN:ZDGE), a leading global developer of mobile phone personalization and entertainment apps, today announced results for its fiscal first quarter ended October 31, 2020. The investments we made in fiscal 2020 continued bearing fruit in the first quarter, resulting in record quarterly results across several key financial metrics, including our fifth consecutive quarter of positive cash flow from operations, said Jonathan Reich, chief executive officer. Monthly active users, or MAU, returned to year-over-year growth, and our subscription offerings continued to gain traction with revenue growth of 214%. Together, these drove our average revenue per monthly active user, or ARPMAU, higher by 73% compared to last year.

Jonathan reichZedge incRecord overall quarterly financialPremium gross transaction valueFinancial metricsQuarter fiscalTransaction valueBusiness metricsFinancial informationPaid subscriptionsஜொனாதன் ரீச்பதிவு ஓவரால் காலாண்டு நிதிப்ரீமியம் மொத்த பரிவர்த்தனை மதிப்புநிதி அளவீடுகள்காலாண்டு நிதிபரிவர்த்தனை மதிப்பு