Zedge Increases Quarterly Cash Dividend by 25% to 2 Cents per Share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Should l Buy ZDGE?
Zedge announced that its board of directors has approved a 25% increase to its quarterly cash dividend, from 1.6c to 2c per share. The record date is April 6 and the payment date is April 15.
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Analyst Views on ZDGE
Wall Street analysts forecast ZDGE stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 2.840
Low
6.00
Averages
6.00
High
6.00
Current: 2.840
Low
6.00
Averages
6.00
High
6.00
About ZDGE
Zedge, Inc. specializes in digital marketplaces and interactive games. Its ecosystem of product offerings includes the Zedge Marketplace, a freemium marketplace offering mobile phone wallpapers, video wallpapers, ringtones, notification sounds; and pAInt, a generative artificial intelligence (AI) image maker; GuruShots, a skill-based photo challenge game, and Emojipedia. Its platform allows creators to upload content to its marketplace and avail it to its users either for free or, via Zedge Premium, the section of its marketplace where it offers premium content for purchase. Its users utilize the content to personalize their phones and express their individuality. Its pAInt product is available for text-to-image, image-to-image, and text-to-audio creation. GuruShots is a gamified photography platform that engages a global community of photographers through daily challenges, real-time feedback, and a competitive, interactive experience.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Zedge Reports Record Revenue and Strategic Innovations in Q2 2026 Earnings Call
- Significant Revenue Growth: Zedge reported total revenue of $8.3 million for Q2, an 18.3% year-over-year increase, with marketplace revenue up over 21%, demonstrating strong performance in advertising CPMs and subscription revenue, thereby solidifying the company's position in a competitive market.
- Surge in User Subscriptions: Zedge+ subscription revenue increased by 33% year-over-year, with the net active subscriber base growing by 49% to nearly 1.2 million users, indicating significant success in optimizing subscription services and attracting higher-value users.
- Innovative Product Development: The company launched two new products this quarter, although the first, Syncat, did not meet expected KPIs; management remains committed to launching up to six new products in the future, reflecting ongoing investment in innovation and market adaptability.
- Strengthened Financial Stability: Zedge's cash reserves increased to $19.1 million with no debt, and the company has begun paying quarterly dividends, indicating a proactive approach to shareholder returns while continuing to invest in innovation, which enhances market confidence.
See More
Zedge to Announce Q2 Earnings on March 12
- Earnings Announcement: Zedge (ZDGE) is set to release its Q2 2023 earnings on March 12 after market close, with a consensus EPS estimate of $0.07, reflecting an impressive 800% year-over-year growth, indicating a significant enhancement in the company's profitability.
- Revenue Growth Expectations: Analysts forecast Zedge's revenue to reach $7.83 million, representing an 11.9% year-over-year increase, showcasing the company's robust performance and ongoing revenue growth potential in the market.
- Historical Performance Review: Over the past two years, Zedge has beaten EPS estimates 38% of the time and revenue estimates 75% of the time, demonstrating the company's reliability in financial performance and building market confidence.
- Forecast Revision Insights: In the last three months, both EPS and revenue estimates have seen one upward revision with no downward adjustments, reflecting analysts' optimistic outlook on Zedge's future performance and market recognition of its growth prospects.
See More
Zedge to Release Q2 2026 Financial Results
- Earnings Release Schedule: Zedge will report its financial and operational results for Q2 2026 on March 12, 2026, at 4:10 PM Eastern, with the filing on Form 8-K and posting on its investor relations website, aiming to enhance transparency and investor confidence.
- Conference Call Details: Management will host a conference call at 4:30 PM Eastern following the earnings release to discuss results, outlook, and strategy, followed by a Q&A session with investors, designed to strengthen engagement and communication with stakeholders.
- Diverse Product Ecosystem: Zedge empowers tens of millions of consumers and creators monthly with offerings like the Zedge Marketplace, generative AI image maker pAInt, photography game GuruShots, and Emojipedia, showcasing the company's extensive influence in creativity and e-commerce.
- Market Competitiveness: By providing a diverse range of products and services, Zedge not only enhances user self-expression and creativity but also fosters community interaction through fun competitions, further solidifying its competitive position in the mobile app market.
See More
Zedge Initiates Quarterly Cash Dividend Plan
- Dividend Plan Launch: On October 14, Zedge, Inc. announced that its Board of Directors approved the initiation of a quarterly cash dividend, aimed at enhancing shareholder value through a $0.016 per share payout, reflecting management's confidence in the company's long-term growth.
- Capital Return Strategy: Over the past year, Zedge has returned capital by repurchasing approximately $4 million of Class B shares as part of a $5 million authorization, with the dividend representing a further deepening of the company's capital return plans.
- Ongoing Investment in Innovation: Despite the introduction of dividends, Zedge continues to invest in product development, with recent launches like Tapedeck and SynCat showcasing its innovation capabilities in AI and automation, ensuring future growth.
- Financial Flexibility: Management emphasized that shareholder returns will not come at the expense of growth, as the company's financial flexibility allows it to reward shareholders while still funding initiatives that support future growth.
See More
S&P 500 Declines 1%; Broadcom Reports Earnings Exceeding Expectations
U.S. Stock Market Performance: U.S. stocks declined, with the Nasdaq Composite dropping over 350 points, while the Dow and S&P 500 also experienced losses of 0.45% and 1.04%, respectively.
Broadcom's Strong Earnings: Broadcom Inc. reported fourth-quarter revenue of $18.02 billion, exceeding expectations, and announced a 10% increase in its quarterly cash dividend.
Notable Stock Movements: cbdMD Inc. shares surged 126% after compliance news, while Canopy Growth Corp. rose 38% on potential regulatory changes. Conversely, Applied Therapeutics Inc. fell 44% following acquisition news.
Global Market Trends: European shares declined, with the eurozone's STOXX 600 down 0.53%, while Asian markets closed higher, led by Japan's Nikkei gaining 1.37%.
See More
Dow Gains More Than 100 Points as Lululemon Reports Strong Q3 Earnings
Market Performance: U.S. stocks showed mixed results, with the Dow Jones gaining 0.24% while the NASDAQ and S&P 500 fell by 0.34% and 0.13%, respectively.
Lululemon's Strong Earnings: Lululemon Athletica reported better-than-expected third-quarter earnings of $2.59 per share, surpassing estimates, and raised its full-year guidance.
Notable Stock Movements: cbdMD Inc shares surged 101% after compliance news, while Applied Therapeutics Inc saw a 48% drop following acquisition plans.
Global Market Trends: European and Asian markets closed higher, with the eurozone's STOXX 600 up 0.2% and Japan's Nikkei gaining 1.37%.
See More
Zedge Reports Record Revenue and Strategic Innovations in Q2 2026 Earnings Call
- Significant Revenue Growth: Zedge reported total revenue of $8.3 million for Q2, an 18.3% year-over-year increase, with marketplace revenue up over 21%, demonstrating strong performance in advertising CPMs and subscription revenue, thereby solidifying the company's position in a competitive market.
- Surge in User Subscriptions: Zedge+ subscription revenue increased by 33% year-over-year, with the net active subscriber base growing by 49% to nearly 1.2 million users, indicating significant success in optimizing subscription services and attracting higher-value users.
- Innovative Product Development: The company launched two new products this quarter, although the first, Syncat, did not meet expected KPIs; management remains committed to launching up to six new products in the future, reflecting ongoing investment in innovation and market adaptability.
- Strengthened Financial Stability: Zedge's cash reserves increased to $19.1 million with no debt, and the company has begun paying quarterly dividends, indicating a proactive approach to shareholder returns while continuing to invest in innovation, which enhances market confidence.
See More
Zedge to Announce Q2 Earnings on March 12
- Earnings Announcement: Zedge (ZDGE) is set to release its Q2 2023 earnings on March 12 after market close, with a consensus EPS estimate of $0.07, reflecting an impressive 800% year-over-year growth, indicating a significant enhancement in the company's profitability.
- Revenue Growth Expectations: Analysts forecast Zedge's revenue to reach $7.83 million, representing an 11.9% year-over-year increase, showcasing the company's robust performance and ongoing revenue growth potential in the market.
- Historical Performance Review: Over the past two years, Zedge has beaten EPS estimates 38% of the time and revenue estimates 75% of the time, demonstrating the company's reliability in financial performance and building market confidence.
- Forecast Revision Insights: In the last three months, both EPS and revenue estimates have seen one upward revision with no downward adjustments, reflecting analysts' optimistic outlook on Zedge's future performance and market recognition of its growth prospects.
See More
Zedge to Release Q2 2026 Financial Results
- Earnings Release Schedule: Zedge will report its financial and operational results for Q2 2026 on March 12, 2026, at 4:10 PM Eastern, with the filing on Form 8-K and posting on its investor relations website, aiming to enhance transparency and investor confidence.
- Conference Call Details: Management will host a conference call at 4:30 PM Eastern following the earnings release to discuss results, outlook, and strategy, followed by a Q&A session with investors, designed to strengthen engagement and communication with stakeholders.
- Diverse Product Ecosystem: Zedge empowers tens of millions of consumers and creators monthly with offerings like the Zedge Marketplace, generative AI image maker pAInt, photography game GuruShots, and Emojipedia, showcasing the company's extensive influence in creativity and e-commerce.
- Market Competitiveness: By providing a diverse range of products and services, Zedge not only enhances user self-expression and creativity but also fosters community interaction through fun competitions, further solidifying its competitive position in the mobile app market.
See More
Zedge Initiates Quarterly Cash Dividend Plan
- Dividend Plan Launch: On October 14, Zedge, Inc. announced that its Board of Directors approved the initiation of a quarterly cash dividend, aimed at enhancing shareholder value through a $0.016 per share payout, reflecting management's confidence in the company's long-term growth.
- Capital Return Strategy: Over the past year, Zedge has returned capital by repurchasing approximately $4 million of Class B shares as part of a $5 million authorization, with the dividend representing a further deepening of the company's capital return plans.
- Ongoing Investment in Innovation: Despite the introduction of dividends, Zedge continues to invest in product development, with recent launches like Tapedeck and SynCat showcasing its innovation capabilities in AI and automation, ensuring future growth.
- Financial Flexibility: Management emphasized that shareholder returns will not come at the expense of growth, as the company's financial flexibility allows it to reward shareholders while still funding initiatives that support future growth.
See More
S&P 500 Declines 1%; Broadcom Reports Earnings Exceeding Expectations
U.S. Stock Market Performance: U.S. stocks declined, with the Nasdaq Composite dropping over 350 points, while the Dow and S&P 500 also experienced losses of 0.45% and 1.04%, respectively.
Broadcom's Strong Earnings: Broadcom Inc. reported fourth-quarter revenue of $18.02 billion, exceeding expectations, and announced a 10% increase in its quarterly cash dividend.
Notable Stock Movements: cbdMD Inc. shares surged 126% after compliance news, while Canopy Growth Corp. rose 38% on potential regulatory changes. Conversely, Applied Therapeutics Inc. fell 44% following acquisition news.
Global Market Trends: European shares declined, with the eurozone's STOXX 600 down 0.53%, while Asian markets closed higher, led by Japan's Nikkei gaining 1.37%.
See More
Dow Gains More Than 100 Points as Lululemon Reports Strong Q3 Earnings
Market Performance: U.S. stocks showed mixed results, with the Dow Jones gaining 0.24% while the NASDAQ and S&P 500 fell by 0.34% and 0.13%, respectively.
Lululemon's Strong Earnings: Lululemon Athletica reported better-than-expected third-quarter earnings of $2.59 per share, surpassing estimates, and raised its full-year guidance.
Notable Stock Movements: cbdMD Inc shares surged 101% after compliance news, while Applied Therapeutics Inc saw a 48% drop following acquisition plans.
Global Market Trends: European and Asian markets closed higher, with the eurozone's STOXX 600 up 0.2% and Japan's Nikkei gaining 1.37%.
See More
