Kaltura (KLTR) to Release Earnings on Wednesday

Kaltura (NASDAQ:KLTR) will announce its earnings results before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. Kaltura has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Parties interested in participating in the company’s conference call can do so using this link.

Kaltura (NASDAQ:KLTR) last posted its quarterly earnings results on Thursday, February 22nd. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.07). Kaltura had a negative net margin of 26.47% and a negative return on equity of 130.47%. The firm had revenue of $44.48 million during the quarter, compared to analyst estimates of $41.97 million. During the same period last year, the company earned ($0.11) EPS. On average, analysts expect Kaltura to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Kaltura Trading Up 1.6 %

Shares of NASDAQ:KLTR opened at $1.26 on Tuesday. The business’s 50 day moving average is $1.31 and its 200-day moving average is $1.59. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.12 and a quick ratio of 1.12. Kaltura has a 1-year low of $1.14 and a 1-year high of $2.27.

Analysts Set New Price Targets

Separately, Needham & Company LLC restated a “buy” rating and issued a $5.00 price objective on shares of Kaltura in a research note on Friday, February 23rd.

Kaltura Company Profile

Kaltura, Inc provides various software-as-a-service (SaaS) products and solutions and a platform-as-a-service (PaaS) in the United States, Europe, the Middle East, Africa, and internationally. The company operates through two segments, Enterprise, Education, and Technology (EE&T); and Media and Telecom (M&T).