earnings
confidence high
sentiment negative
materiality 0.80
Zedge Q2 FY25 revenue $7.0M (-10% YoY); GAAP net loss narrows to $1.7M; 22% workforce cut
Zedge, Inc.
2025-Q2 EPS
reported -$0.15
vs consensus $0.02
▼ miss
(-835.3%)
- Revenue $7.0M down 10.2% YoY; advertising revenue $4.7M (-14.3%) impacted by TikTok uncertainty.
- GAAP net loss ($1.7M), EPS ($0.12); Non-GAAP net loss ($0.2M), EPS ($0.01).
- Zedge Premium GTV up 26.5% to $0.7M; subscription revenue +13.3% to $1.2M; ARPMAU +8.6% to $0.078.
- Free cash flow $0.6M; repurchased 244,826 shares in Q2.
- Restructuring includes 22% global workforce reduction; expects ~$4M annualized cost savings.