Paltalk Inc reports results for the quarter ended in June - Earnings Summary

Intelligent Protection Management

08/08/2022 23:05

* Paltalk Inc  PALT.OQ  reported a quarterly adjusted loss
of 12
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 6 cents per
share.
    * Revenue was $2.64 million​; analysts expected $2.93
million. 
    * Paltalk Inc's reported EPS for the quarter was a loss
of 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 700%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Paltalk Inc shares had fallen by 4.0% this quarter and
lost 33.1% so far this year.
    * The company reported a quarterly loss of $1.13 million.
    * Wall Street's median 12-month price target for Paltalk Inc
is
$4.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 8
at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.06          -0.12          Missed
 Mar. 31 2022      0.00           -0.08          Missed
 Dec. 31 2021      0.02           0.00           Missed