“We anticipate significant improvements in our second quarter driven by traditional holiday seasonal strength and the resolution of key challenges from the first quarter. For the remainder of fiscal 2025, we are focused on leveraging our solid foundation to drive growth and scalability across all business units. A critical part of this strategy is the ongoing integration of generative AI into our product portfolio, enriching the user experience with cutting-edge features. Our recent beta launch of the AI Emoji Generator on Cyber Monday exemplifies this approach, enabling Emojipedia users to design custom emojis and break free from standard device keyboards. Our top priority for the Zedge (ZDGE) Marketplace this year is to transform users from content consumers into content creators, aligning ourselves more deeply within the Creator Economy. The continued rollout of pAInt 2.0 and the planned imminent addition of AI audio capabilities underscore our commitment to innovation. Audio, in particular, represents an exciting opportunity to attract new users and deepen engagement with existing ones, further solidifying our position in this dynamic space. Beyond product advancements, our marketing team remains a critical revenue growth driver. After weathering the first quarter’s challenges, we are confident in the team’s ability to accelerate ROAS-attractive user acquisition, particularly in well-developed economies, while also building on our strong momentum with iOS users. This alignment of innovative products and strategic marketing positions us for continued success. Emojipedia continues to thrive, with the expansion of the ‘Emoji Playground’ in early December which now includes the AI-driven emoji creator. Our next priority will be redesigning and upgrading Emojipedia’s website to improve engagement and reinforce its reputation as the premier destination for emoji enthusiasts worldwide. For GuruShots, our primary focus is returning to growth. To achieve this, we are allocating resources to new feature introductions and enhancements designed to better attract and engage new users, versus previously relying mainly on legacy players to fuel the game’s growth. While this transition may continue negatively impacting short-term revenue, we believe we are seeing the bottom of that curve. The changes we’ve implemented-including an enhanced onboarding process, a coin-based in-game economy, and the launch of Missions-are already showing promising early results. Looking ahead, the imminent release of Duels during the holiday season will add an exciting competitive PvP layer to the game, driving further engagement and retention. Lastly, we remain committed to introducing new products to drive long-term growth. Projects like Wishcraft and AI Art Master, currently in beta, highlight our ability to foster innovation and agility. By centralizing our development platform, we can iterate quickly, prioritize initiatives that show promise and scale successful concepts while promptly cutting offerings that show less promise. This approach positions us to create incremental wins and breakthrough successes that will hopefully fuel Zedge’s sustained growth in the years ahead and make $ZDGE a growth stock once again. In the meantime, we will continue to innovate in our offerings and take advantage of our value stock status with the $5 million share repurchase program that the board authorized,” concluded CEO Jonathan Reich.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ZDGE:
- ZDGE Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Zedge’s Emojipedia launches AI-powered Emoji Generator
- Zedge Inc’s Global Intellectual Property Challenges: Navigating Risks and Safeguarding Competitive Edge
- Zedge Reports Strong Revenue Growth Amid Challenges
- Is ZDGE a Buy, Before Earnings?
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
