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

Kaltura

08/08/2024 14:53

* Kaltura Inc  KLTR.OQ  reported quarterly adjusted earnings
of 1
cent​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of -2
cents.  The mean expectation of seven analysts for the quarter
was for a loss of 2 cents per share. Wall Street expected
results to range from -3 cents to -1 cents per share.
    * Revenue rose 0.3% to $44.03 million from a year ago;
analysts
expected $43.20 million. 
    * Kaltura Inc's reported EPS for the quarter was a loss of 7
cents​.
    * The company reported a quarterly loss of $10 million.
    * Kaltura Inc shares had fallen by 4.2% this quarter and
lost 41.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 8.3%
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
$2.75 
This summary was machine generated from LSEG data August 8 at
01:53 p.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
 Jan. 1 0001       -0.02          0.01           Beat
 Mar. 31 2024      -0.02          -0.03          Missed
 Dec. 31 2023      -0.03          -0.03          Met
 Sep. 30 2023      -0.02          -0.02          Met