Paltalk PALT reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:00 PM.
Here's what investors need to know about the announcement.
Paltalk missed estimated earnings by 60.0%, reporting an EPS of $-0.08 versus an estimate of $-0.05.
Revenue was down $363 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 3.57% increase in the share price the next day.
Here's a look at Paltalk's past performance:
|Quarter||Q4 2022||Q3 2022||Q2 2022||Q1 2022|
To track all earnings releases for Paltalk visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.