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From Buybacks to Dividends: Zedge (ZDGE) Deepens Shareholder Focus
Yahoo Finance· 2026-01-31 20:56
Core Viewpoint - Zedge, Inc. has initiated a quarterly cash dividend, reflecting a commitment to enhancing shareholder value while maintaining growth initiatives [2][3]. Group 1: Dividend Announcement - The Board of Directors approved a quarterly cash dividend, marking a new phase in the company's capital return strategy [2]. - The dividend is set at $0.016 per share, resulting in a dividend yield of 2.01% as of January 29 [3]. Group 2: Shareholder Returns and Growth - The introduction of dividends indicates management's confidence in Zedge's long-term growth, consistent free cash flow, and strong balance sheet [3]. - Zedge has previously returned capital through share repurchases, having bought back approximately $4 million of Class B shares from a $5 million authorization [3]. Group 3: Investment in Innovation - Management emphasized that shareholder returns will not hinder growth, as the company continues to invest in product development and innovation [4]. - Recent product launches, such as Tapedeck and SynCat, demonstrate Zedge's focus on innovation [4]. - A Product Innovation Team has been established to enhance the speed of bringing new products to market, focusing on AI, vibe coding, and automation [5]. Group 4: Financial Flexibility - Zedge's financial flexibility allows it to reward shareholders while simultaneously funding initiatives that support future growth [5].
Zedge Reports First Quarter Fiscal 2026 Results
Accessnewswire· 2025-12-12 11:30
Core Insights - Zedge, Inc. reported a record of 1.1 million active subscriptions, representing a 54% year-over-year increase [1] - Subscription revenue grew by 29% year-over-year, while ARPMAU also increased by 29% year-over-year [1] - The company achieved a revenue growth of 6%, with GAAP and Non-GAAP EPS reported at $0.06 and $0.07, respectively [1] - Zedge repurchased 240,000 shares and paid its first quarterly dividend [1] - CEO Jonathan Reich highlighted a solid start to fiscal 2026 despite challenges faced at Emojipedia and GuruShots [1]
Zedge Reports Fourth Quarter and Full Year Fiscal 2025 Results
Accessnewswire· 2025-10-28 10:30
Core Insights - Zedge, Inc. reported a record of 984,000 active subscriptions, representing a 47% increase year-over-year [1] - Subscription revenue grew by 21% year-over-year [1] - Average Revenue Per Monthly Active User (ARPMAU) increased by 17% year-over-year [1] - The company repurchased 640,000 shares during Q4 and a total of 1.3 million shares in the fiscal year [1] - Zedge introduced its first dividend post year-end [1] - CEO Jonathan Reich highlighted solid operating performance, healthy underlying metrics, and positive cash flow at the end of the fiscal year [1]
Zedge Announces Initiation of Quarterly Cash Dividend
Accessnewswire· 2025-10-14 10:30
Core Viewpoint - Zedge, Inc. has announced the initiation of a quarterly cash dividend program, reflecting confidence in its long-term growth prospects and strong financial position [1] Financial Performance - The company maintains a strong cash position and a debt-free balance sheet, which supports ongoing free cash flow generation [1] - The initiation of the dividend program is part of Zedge's capital return initiatives aimed at enhancing shareholder value [1] Management Commentary - CEO Jonathan Reich emphasized that the quarterly dividend reflects the company's confidence in its ability to generate free cash flow and its strong balance sheet [1]
Zedge to Present at The LD Micro Main Event XIX on October 20, 2025
Newsfile· 2025-10-10 11:00
Group 1 - Zedge, Inc. will present at the LD Micro Main Event XIX on October 20, 2025, with CEO Jonathan Reich as the speaker [1] - The event will take place at the Hotel del Coronado in San Diego, starting at 1:30 PM Eastern / 10:30 AM Pacific [2] - Zedge empowers millions of consumers and creators monthly through its interconnected platforms, including the Zedge Marketplace, GuruShots, Emojipedia, and DataSeeds.AI [2] Group 2 - Zedge Marketplace offers a freemium model for mobile phone wallpapers, video wallpapers, ringtones, and notification sounds [2] - GuruShots is described as "The World's Greatest Photography Game," focusing on skill-based photo challenges [2] - DataSeeds.AI provides datasets for AI model training, utilizing Zedge's consumer games and marketplaces [2]
Zedge Introduces its AI-Powered Product Innovation Team to Drive New Growth
Accessnewswire· 2025-10-09 11:00
Core Insights - The article highlights Zedge's new AI-driven product development strategy through the launch of the SynCat app, which was developed in a matter of weeks by a small team using AI and vibe coding [1] - Zedge has established a dedicated Product Innovation Team to leverage AI for rapid ideation, validation, and deployment of new product concepts, significantly reducing time and costs compared to traditional development methods [1] - CEO Jonathan Reich emphasizes that Zedge is entering a new phase where AI will increasingly drive the company's operations and product offerings [1] Company Developments - Zedge is positioning itself as a leader in digital marketplaces and interactive games, focusing on content creation, self-expression, and community engagement [1] - The formation of the Product Innovation Team indicates a strategic shift towards integrating AI more deeply into the company's product development processes [1] Industry Trends - The move towards AI-driven product development reflects a broader trend in the industry where companies are increasingly adopting AI technologies to enhance efficiency and innovation [1] - The rapid development capabilities showcased by Zedge may set a precedent for other companies in the digital marketplace and gaming sectors to follow suit [1]