Zedge declares Q2 2018 results

Zedge, Inc. (NYSE AMERICAN:ZDGE) has announced results for the second quarter of its fiscal year 2018, the three months ended January 31, 2018, the company said.

MAU (Monthly Active Users) for the last 30 days of the quarter increased 6.3% to 35.5 million from 33.4 million in the comparable period of 2017 driven primarily by strong growth in the emerging markets;

Total installs at January 31, 2018 increased 24.3% to 306.2 million from 246.3 million;

Quarterly revenue increased 18.4% to USD 3.04 million from USD 2.57 million;
Average revenue per MAU derived from our apps (ARPMAU) increased 15.2% for the quarter to USD 0.0273 from USD 0.0237, the sixth consecutive quarter of improvement;

Zedge is a content platform, and global provider of smartphone personalization, with more than 300 million app installs and over 35 million monthly active users. People use Zedge to make their smartphones more personal; to express their emotions, tastes and interests using wallpapers, icons, widgets, ringtones and more. The Zedge platform enables brands, artists and creators to share their smartphone personalization content with their fans in order to extend their reach, reinforce their message and gain valuable insight into how customers interact with their content.