Kaltura Q2 2024 Adj. EPS $(0.01) Beats $(0.02) Estimate, Sales $44.000M Beat $43.202M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kaltura (NASDAQ:KLTR) reported Q2 2024 adjusted EPS of $(0.01), beating the $(0.02) estimate. Sales were $44.000M, surpassing the $43.202M estimate and showing a slight increase from last year's $43.880M.
August 08, 2024 | 11:07 am
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POSITIVE IMPACT
Kaltura reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.01) beating the $(0.02) estimate and sales of $44.000M surpassing the $43.202M estimate.
Kaltura's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100