Paltalk, Inc. (PALT)
| Market Cap | 32.55M |
| Revenue (ttm) | 10.98M |
| Net Income (ttm) | -1.07M |
| Shares Out | 9.22M |
| EPS (ttm) | -0.12 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 53,449 |
| Open | 3.840 |
| Previous Close | 3.760 |
| Day's Range | 3.500 - 3.950 |
| 52-Week Range | 1.530 - 5.190 |
| Beta | 0.81 |
| Analysts | Strong Buy |
| Price Target | 5.00 (+41.64%) |
| Earnings Date | May 7, 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 $5.0.
News
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...
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...
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...
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...
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”)...
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...
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,...
Paltalk, Inc. Reports 12% Revenue Growth to $3.0 Million in Second Quarter 2023
Reports Significant Improvements in Net Income and Adjusted EBITDA
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...
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...
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...
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...
Paltalk, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results
Continued Sequential Quarterly Improvement in Net Loss and Reduced Operating Expenses
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...
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...
Paltalk Adds Game Lobbies for Its Backgammon and Chess Games
Expected to Lead to Increased Usage and Engagement
Paltalk, Inc. Reports Third Quarter 2022 Financial Results
Sequential Quarterly Reduction in Operating Expenses Cash Balance of $15.5 Million at Quarter End
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...
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.
Paltalk, Inc. Reports Second Quarter 2022 Financial Results
Refining Strategy to Improve Performance and Optimize ManyCam Integration
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 ...
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
Paltalk, Inc. Announces Upgrade Release of ManyCam Version 8.0
Vast Improvements Over Prior Versions
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. ...
5 Stocks To Watch For June 11, 2022
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