Paltalk, Inc. (PALT)
Market Cap | 35.87M |
Revenue (ttm) | 11.01M |
Net Income (ttm) | -821,344 |
Shares Out | 9.22M |
EPS (ttm) | -0.09 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 8,633 |
Open | 3.900 |
Previous Close | 4.060 |
Day's Range | 3.890 - 4.090 |
52-Week Range | 1.530 - 5.190 |
Beta | 0.77 |
Analysts | Strong Buy |
Price Target | 4.50 (+15.68%) |
Earnings Date | Aug 6, 2024 |
About PALT
Paltalk, Inc., together with its subsidiaries, develops communications software and multimedia social applications worldwide. It offers consumer applications, which include Paltalk, Camfrog, and Tinychat for live video chat; and owns and operates Vumber, a telecommunications services provider that enables users to have multiple phone numbers in any area code through which calls can be forwarded to a user's existing cell phone or land line telephone number. The company provides ManyCam, a live streaming software and virtual camera that allows us... [Read more]
Financial Performance
In 2023, Paltalk's revenue was $10.98 million, a decrease of -0.09% compared to the previous year's $10.99 million. Losses were -$1.07 million, -68.72% less than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for PALT stock is "Strong Buy" and the 12-month stock price forecast is $4.5.
News
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Paltalk, Inc. Reports Increased Operating Efficiencies with 69% Reduction in Net Loss for Fiscal Year 2023
Net Cash Used in Operating Activities for Q4 2023 was $0.1 Million Q4 2023 Cash Balance Remains Strong at $13.6 Million and No Long-Term Debt JERICHO, NY, March 15, 2024 (GLOBE NEWSWIRE) -- via NewMed...
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Paltalk to Host Fourth Quarter and Full Year 2023 Earnings Results Conference Call on Friday, March 15, 2024 at 9:00 a.m. ET
JERICHO, NY, March 11, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a communications software innovator that powers multim...
![](https://cdn.snapi.dev/images/v1/6/z/press3-2145079.jpg)
Paltalk, Inc. Reports an Increase in Revenue of 5.5% in Third Quarter 2023
Generated Positive Cash Flow from Operations for Quarter JERICHO, NY, Nov. 07, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Paltalk, Inc. (“Paltalk,” the “Company,” “we,” “our” or “us”) (Nasdaq: PALT...
![](https://cdn.snapi.dev/images/v1/s/v/conf17-2132781.jpg)
Paltalk to Host Third Quarter 2023 Earnings Results Conference Call on Tuesday, November 7, 2023 at 4:30 p.m. ET
JERICHO, NY, Nov. 01, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a communications software innovator that powers multimed...
![](https://cdn.snapi.dev/images/v1/d/x/press7-2098618.jpg)
Paltalk, Inc. Appoints Geoff Cook to Board of Directors
Will Serve as Member of Strategic Transactions and Nominating Committees JERICHO, NY, Oct. 11, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (“Paltalk,” the “Company,” “we,” “our” or “us”)...
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Paltalk, Inc. to Participate in the 2023 Virtual Tech Conference Series Presented by Maxim Group LLC and Hosted by M-Vest on October 10th - 11th From 9:00 a.m. - 5:00 p.m.
JERICHO, NY, Oct. 05, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc., (“Paltalk,” the “Company,” “we,” “our” or “us”) (Nasdaq: PALT), a communications software innovator that powers multime...
![](https://cdn.snapi.dev/images/v1/s/m/press17-2081692.jpg)
Paltalk, Inc. Engages With Cleverbridge to Serve International Markets
Cleverbridge Optimizes Paltalk's Geographic Reach With Global Payment Processing Capabilities JERICHO, NY, Sept. 28, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (“Paltalk,” the “Company,...
![](https://cdn.snapi.dev/images/v1/z/a/press18-2012907.jpg)
Paltalk, Inc. Reports 12% Revenue Growth to $3.0 Million in Second Quarter 2023
Reports Significant Improvements in Net Income and Adjusted EBITDA
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Paltalk to Host Second Quarter 2023 Earnings Results Conference Call on Tuesday, August 8, 2023 at 4:30 p.m. ET
JERICHO, NY, Aug. 01, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a communications software innovator that powers multimed...
![](https://cdn.snapi.dev/images/v1/s/8/press3-1880415.jpg)
Paltalk, Inc. Reports First Quarter 2023 Financial Results
$13.9 Million in Cash and Cash Equivalents at March 31, 2023 JERICHO, NY , May 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (“Paltalk , ” the “ Company,” “we,” “our” or “us”) ( Nasda...
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Paltalk, Inc. to Adjust Annual Meeting Start Time by One Hour
JERICHO, NY, May 02, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (“Paltalk,” the “Company,” “we,” “our” or “us”) (Nasdaq: PALT), a communications software innovator that powers multimedi...
![](https://cdn.snapi.dev/images/v1/t/h/conf19-1865344.jpg)
Paltalk to Host First Quarter 2023 Earnings Results Conference Call on Tuesday, May 9, 2023 at 4:30 p.m. ET
JERICHO, NY, May 02, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a leading communications software innovator that powers m...
![](https://cdn.snapi.dev/images/v1/8/f/press13-1810511.jpg)
Paltalk, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results
Continued Sequential Quarterly Improvement in Net Loss and Reduced Operating Expenses
![](https://cdn.snapi.dev/images/v1/x/2/conf2-1793589.jpg)
Paltalk to Host Fourth Quarter and Full Year 2022 Earnings Results Conference Call on Thursday, March 23, 2023 at 4:30 p.m. ET
JERICHO, NY, March 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a leading communications software innovator that powe...
![](https://cdn.snapi.dev/images/v1/j/1/press9-1702246.jpg)
Paltalk to be Featured on Inaugural ClearThink IR Virtual Live Event on Wednesday, January 11, 2023 at 12 Noon ET
JERICHO, NY, Jan. 10, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (“Paltalk,” the “Company,” “we,” “our” or “us”) (Nasdaq: PALT), a communications software innovator that powers multimed...
![](https://cdn.snapi.dev/images/v1/f/x/press18-1696531.jpg)
Paltalk Adds Game Lobbies for Its Backgammon and Chess Games
Expected to Lead to Increased Usage and Engagement
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Paltalk, Inc. Reports Third Quarter 2022 Financial Results
Sequential Quarterly Reduction in Operating Expenses Cash Balance of $15.5 Million at Quarter End
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Paltalk to Host Third Quarter 2022 Earnings Results Conference Call on Monday, November 7, 2022 at 4:30 p.m. ET
JERICHO, NY , Oct. 26, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a leading communications software innovator that powers...
![](https://cdn.snapi.dev/images/v1/m/f/image10-1521096.jpg)
Paltalk And 3 Other Stocks Under $3 Insiders Are Aggressively Buying
The Dow Jones tumbled by over 500 points on Friday. Investors, meanwhile, focused on some notable insider trades.
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Paltalk, Inc. Reports Second Quarter 2022 Financial Results
Refining Strategy to Improve Performance and Optimize ManyCam Integration
![](https://cdn.snapi.dev/images/v1/j/c/conf13-1470864.jpg)
Paltalk to Host Second Quarter 2022 Earnings Results Conference Call on Monday, August 8, 2022 at 4:30 p.m. ET
JERICHO, NY, July 27, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a leading communications software innovator that powers ...
![](https://cdn.snapi.dev/images/v1/g/x/press7-1432351.jpg)
Paltalk Engages Roth Capital Partners to Assist With Its Strategic Initiative of Mergers and Acquisitions
To Focus on Buy-Side Opportunities to Accelerate Growth and Profitability
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Paltalk, Inc. Announces Upgrade Release of ManyCam Version 8.0
Vast Improvements Over Prior Versions
![](https://cdn.snapi.dev/images/v1/0/k/bank35-1198130-1411347.jpg)
Here's Why Paltalk Shares Are Trading Higher Premarket
Communications software innovator Paltalk, Inc (NASDAQ: PALT) acquired the core assets of ManyCam from Visicom Media Inc for $2.7 million cash plus a potential earn-out payment of up to $0.6 million. ...
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5 Stocks To Watch For June 11, 2022
Some of the stocks that may grab investor focus today are: UP Fintech Holding Limited (NASDAQ: TIGR) is projected to report earnings results for the first quarter before the opening bell today. UP Fin...