Zedge, Inc (NYSE:ZDGE) Q1 2020 Earnings Conference Call - Final Transcript
Dec 10, 2019 • 04:30 pm ET
we feel there is a good opportunity to accelerate the growth of the business.
I'll close by reiterating that, overall, Q1 was generally a good quarter for us. We began seeing positive results from the fundamental changes we've made in our monetization stack, the continued investment in paid subscriptions, the ongoing cost reduction initiatives and our release of Shortz, which will extend our value beyond the world of mobile phone personalization.
We accomplished all of this while committing to doing what we can to become cash flow positive later in the fiscal year. We will continue to look at ways in which we can resume user growth in well-developed markets with our flagship products and explore new product opportunities that align well with our brand and current user base.
Wishing all a happy and healthy holiday season. Back to you, operator, for Q&A.