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Stock impact report

Zedge Announces First Quarter Fiscal 2025 Results [Yahoo! Finance]

Zedge, Inc. Class B (ZDGE) 
NASDAQ:AMEX Investor Relations: investor.zedge.net
Company Research Source: Yahoo! Finance
Zedge Premium GTV increased 62% NEW YORK, NY / ACCESSWIRE / December 16, 2024 / Zedge, Inc. (NYSE AMERICAN:ZDGE), $ZDGE, a leader in digital marketplaces and interactive games that provides content, enables creativity, empowers self-expression and facilitates community, today announced results for its first quarter fiscal 2025, ended October 31, 2024. Jonathan Reich, Zedge's CEO, commented: "We are encouraged by the underlying trends in our business, which provide a strong foundation for future growth despite a mixed bag of results at the start of the fiscal year. "The Zedge Marketplace continued to shine with subscription revenue growing 21% year-over-year and accelerated growth in lifetime subscriptions drove an 8% increase in overall subscribers. Zedge Premium's GTV (Gross Transaction Value) surged by 62%, fueled by the popularity of our parallax wallpapers (3-D motion wallpapers), optimization of rewarded video CPMs and the expansion of pAInt, our AI image generator, demo Show less Read more
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