Zedge Announces GuruShots Restructuring to Improve Profitability and Position Itself for Long-term Growth

Core Insights - Zedge has announced a restructuring of its subsidiary GuruShots aimed at improving profitability and positioning for long-term growth [1] Group 1: Company Restructuring - The restructuring of GuruShots is intended to streamline operations and enhance financial performance [1] - Zedge aims to leverage this restructuring to better align with market demands and improve overall efficiency [1] Group 2: Financial Performance - The company is focusing on profitability improvements as a key objective of the restructuring [1] - Long-term growth strategies are being prioritized to ensure sustainable financial health [1]