Kaltura (KLTR) Set to Announce Earnings on Wednesday

Kaltura (NASDAQ:KLTR) will post its quarterly earnings results before the market opens on Wednesday, May 8th. Analysts expect Kaltura to post 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.Individual interested in listening to the company’s earnings conference call can do so using this link.

Kaltura (NASDAQ:KLTR) last announced its earnings results on Thursday, February 22nd. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.07). The company had revenue of $44.48 million during the quarter, compared to the consensus estimate of $41.97 million. Kaltura had a negative return on equity of 130.47% and a negative net margin of 26.47%. During the same period in the prior year, the firm posted ($0.11) earnings per share. 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 Kaltura stock opened at $1.24 on Monday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a 50 day simple moving average of $1.31 and a 200 day simple moving average of $1.59. Kaltura has a fifty-two week low of $1.14 and a fifty-two week high of $2.27.

Analysts Set New Price Targets

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

About Kaltura

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).