Zedge Q2 Adj. EPS $0.06 Misses $0.07 Estimate, Sales $8.254M Beat $7.829M Estimate

Zedge (AMEX:ZDGE) reported quarterly earnings of $0.06 per share which missed the analyst consensus estimate of $0.07 by 14.29 percent. This is a 700 percent increase over losses of $(0.01) per share from the same period last year. The company reported quarterly sales of $8.254 million which beat the analyst consensus estimate of $7.829 million by 5.43 percent. This is a 18.27 percent increase over sales of $6.979 million the same period last year.