Zedge Reports Q4 Revenue Beat and Significant Free Cash Flow Growth
Zedge (NYSE: ZDGE) reported fourth-quarter financial results that exceeded revenue expectations, posting $7.8 million compared to a consensus estimate that was $0.55 million lower. While Non-GAAP earnings per share met analyst projections at $0.04, the company demonstrated strong operational efficiency and liquidity improvements. The company saw substantial year-over-year growth in key profitability metrics, including a 220.3% surge in free cash flow to $1.6 million. Additionally, Adjusted EBITDA rose by 75.6% to reach $0.5 million, signaling robust margin expansion and improved cash generation capabilities for the period.