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Zedge ( (ZDGE) ) just unveiled an announcement.
On January 21, 2025, Zedge announced a corporate restructuring, including a 14% workforce reduction to enhance profitability and position the company for long-term growth. The restructuring is expected to save approximately $1.7 million annually and involves a strategic overhaul of the GuruShots game to improve user experience and monetization efforts.
More about Zedge
Zedge, Inc. is a leader in digital marketplaces and interactive games, providing content that enables creativity, self-expression, and community engagement. Their offerings include the Zedge Marketplace for mobile content, the photography game GuruShots, and Emojipedia.
YTD Price Performance: -0.74%
Average Trading Volume: 112,905
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $38.05M
For an in-depth examination of ZDGE stock, go to TipRanks’ Stock Analysis page.
