Kaltura Q3 2023 Adj EPS $(0.02), Inline, Sales $43.54M Beat $43.04M Estimate
Portfolio Pulse from saritha@benzinga.com
Kaltura (NASDAQ:KLTR) reported Q3 2023 earnings with losses of $(0.02) per share, in line with analyst consensus. This is a 77.78% increase over losses from the same period last year. The company's quarterly sales of $43.54 million beat the analyst consensus estimate of $43.04 million by 1.17%, marking a 6.07% increase over sales from the same period last year.
November 08, 2023 | 11:32 am
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POSITIVE IMPACT
Kaltura's Q3 2023 earnings were in line with estimates, but sales exceeded expectations, indicating potential growth.
Kaltura's earnings were in line with analyst expectations, which is generally a positive sign. However, the company's sales exceeded expectations, which is an even stronger positive signal. This could indicate that the company is growing and could potentially lead to a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100