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

Kaltura

08/05/2024 14:53

* Kaltura Inc  KLTR.OQ  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in March, identical to
the same quarter last year.  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 3.5% to $44.78 million from a year ago;
analysts
expected $43.04 million. 
    * Kaltura Inc's reported EPS for the quarter was a loss of 8
cents​.
    * The company reported a quarterly loss of $11.1 million.
    * Kaltura Inc shares had fallen by 5.2% this quarter and
lost 34.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1% 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." 
    * Wall Street's median 12-month price target for Kaltura Inc
is
$3.25 

This summary was machine generated from LSEG data May 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
 Mar. 31 2024      -0.02          -0.03          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