The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Allen Klee - Maxim Group - Analyst
: Could you -- I missed when you said, what you expected the restructuring charges to be in your third and fourth fiscal quarters. Could you repeat
that, please?
Question: Allen Klee - Maxim Group - Analyst
: Yeah. So you're targeting around $3.9 million to $4.1 million annualized cost savings. That's compared to the prior 12 -- what does that compare
of the base? And then second, when -- do you have a sense of how much of that shows up in -- that's annualized, but how much of the amount
you might see in fiscal third quarter and how much in fiscal fourth quarter?
Question: Allen Klee - Maxim Group - Analyst
: But will it be fully at that run rate for the third quarter? Or will it be at that run rate in the fourth quarter or sometime next year? When will it -- do
you think it will be at that $1 million savings?
Question: Allen Klee - Maxim Group - Analyst
: So will you see the full $1 million do you think in the third quarter? Or do you think you won't quite be there yet in the third quarter?
Question: Allen Klee - Maxim Group - Analyst
: And then just in terms of the business. Just when you were talking about TikTok, how -- you said you have some sense that it's starting to improve.
Maybe I wanted to ask your average revenue per, I don't even know if I'm going to say it right, for monthly active user. That metric looked like it
held up for the quarter. But is that because of things like subscriptions and marketplace spending -- getting blended into it? Or why -- I'm talking
about sequentially, but or what's the -- why is that?
Question: Allen Klee - Maxim Group - Analyst
: Okay. For GuruShots, what -- help me understand again. Right now, you've allocated a good amount of the cost cutting related to it. How do you
think -- are you still trying to do some initiatives to increase the top of the funnel and the engagement and usage of new usage users? Or what's
the status with that?
Question: Allen Klee - Maxim Group - Analyst
: Okay. In the past, the last quarter, you mentioned WishCraft and AI Art Master were in beta. Is there any change in that? Or what's happening there?
Question: Allen Klee - Maxim Group - Analyst
: Okay. And similarly with AI audio, I think I heard you say something like looking to launch that maybe in the next couple of quarters. So any thoughts?
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MARCH 12, 2025 / 8:30PM, ZDGE.A - Q2 2025 Zedge Inc Earnings Call
Question: Allen Klee - Maxim Group - Analyst
: Okay. Got it. If I step back and I think about your company, I think you get very high marks over time with what you've done on monetizing,
advertising. And the challenges have come from GuruShots and monthly average users. So it sounds like -- I mean, tell me if I'm wrong, but GuruShots,
you're downsizing and then addressing. Monthly active users, how do you think about just in general, that -- and some of it is macro, some of it, I
don't know what it is. Just how do you think about getting that to start to grow?
Question: Allen Klee - Maxim Group - Analyst
: You mentioned lifetime subscriptions and pushing to grow them. Does there at some point become an issue if you just do lifetime subscriptions
that you start to lose subscription revenue because everyone signed up for the lifetime? Or how do you think -- I mean, you get the benefit in the
short term, but how do you think about that?
Question: Allen Klee - Maxim Group - Analyst
: I want to -- I'm not sure if I heard what you guys said right. When you made some commentary that you expected improvement in advertising from
what you've seen so far in the next quarter. But I don't know if you went this far. Let me ask, the quarter you just reported is your seasonally strong
quarter. So the next quarter, I believe, is normally seasonally not as strong. Did you make a comment that you think your fiscal 3Q revenue would
be above fiscal 2Q? Or am I extrapolating something you didn't say?
Question: Allen Klee - Maxim Group - Analyst
: I'm trying to -- okay. Those were my questions. Thank you so much.
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