Zedge Q3 2024 Adj EPS $0.03 Beats $(0.02) Estimate, Sales $7.700M Beat $7.184M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zedge (AMEX:ZDGE) reported Q3 2024 earnings of $0.03 per share, beating the analyst consensus estimate of $(0.02) by 250%. The company also reported sales of $7.700 million, surpassing the $7.184 million estimate and marking a 14.48% increase from the same period last year.
June 10, 2024 | 8:16 pm
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Zedge reported Q3 2024 earnings of $0.03 per share, significantly beating the $(0.02) estimate. Sales also exceeded expectations, reaching $7.700 million, a 14.48% increase from last year.
The significant beat on both earnings per share and sales, along with a notable year-over-year increase in sales, is likely to positively impact Zedge's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100