Kaltura Inc reports results for the quarter ended in December - Earnings Summary

Kaltura

23/02/2024 03:03

* Kaltura Inc  KLTR.OQ  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -6
cents.  The mean expectation of seven analysts for the quarter
was for a loss of 3 cents per share. Wall Street expected
results to range from -3 cents to -2 cents per share.
    * Revenue rose 0.9% to $44.48 million from a year ago;
analysts
expected $41.80 million. 
    * Kaltura Inc's reported EPS for the quarter was a loss of 9
cents​.
    * The company reported a quarterly loss of $12.07 million.
    * Kaltura Inc shares had fallen by 25.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for Kaltura Inc is
$2.50 
This summary was machine generated from LSEG data February 23 at
03:03 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.03          -0.03          Met
 Sep. 30 2023      -0.02          -0.02          Met
 Jun. 30 2023      -0.04          -0.02          Beat
 Mar. 31 2023      -0.05          -0.03          Beat