Kaltura Inc reports results for the quarter ended June 30 - Earnings Summary

• Kaltura Inc KLTR.OQ reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of five analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -1 cents tozero cents per share.

• Revenue rose 1% to $44.46 million from a year ago; analysts expected $43.68 million.

• Kaltura Inc's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of $7.75 million.

• Kaltura Inc shares had fallen by 14.9% this quarter and lost 22.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 33.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the software peer group is "buy."

• Wall Street's median 12-month price target for Kaltura Inc is $3.25, about 47.4% above its last closing price of $1.71

This summary was machine generated from LSEG data August 7 at 05:33 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)