Zedge (NYSEAMERICAN:ZDGE) issued its quarterly earnings results on Wednesday. The company reported ($0.03) earnings per share for the quarter, Bloomberg Earnings reports. Zedge had a negative return on equity of 31.93% and a negative net margin of 30.84%. The business had revenue of $2.55 million during the quarter.
Zedge traded down $0.29, hitting $3.90, during midday trading on Thursday, MarketBeat.com reports. The company’s stock had a trading volume of 30,232 shares, compared to its average volume of 17,558. Zedge has a fifty-two week low of $1.65 and a fifty-two week high of $4.34.
Zedge, Inc provides content distribution platforms for smartphones worldwide. The company's platform enables consumers to personalize their mobile devices with free ringtones, wallpapers, home screen app icons, and notification sounds. Zedge, Inc was incorporated in 2008 and is based in New York, New York.
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