Kaltura (KLTR) to Release Quarterly Earnings on Wednesday

Kaltura (NASDAQ:KLTR) is set to 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.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Kaltura (NASDAQ:KLTR) last posted its quarterly earnings data on Thursday, February 22nd. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.07). Kaltura had a negative return on equity of 130.47% and a negative net margin of 26.47%. The firm had revenue of $44.48 million for the quarter, compared to analyst estimates of $41.97 million. During the same quarter last year, the company earned ($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 %

KLTR stock opened at $1.26 on Tuesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.12 and a current ratio of 1.12. The company’s fifty day simple moving average is $1.31 and its 200 day simple moving average is $1.59. Kaltura has a 12-month low of $1.14 and a 12-month high of $2.27.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reissued 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).