Paltalk

Paltalk, Inc. engages in the development of communications software to enhance security and privacy solutions for multimedia communication and data transmission. Its solutions include blockchain strategy consulting, blockchain implementation, white label video solutions, and technology licensing. The firm's product portfolio includes Paltalk and Camfrog. The company was founded by Clifford Lerner and Darrell Lerner on July 19, 2005 and is headquartered in Jericho, NY.

Earnings data Q1 2021

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Paltalk acquires Newtek amidst Q2 revenue decline and legal battles

Paltalk faced challenges in Q2 2024 with revenue decline and significant losses, but the acquisition of Newtek offers growth prospects.
Maintaining a strong cash balance and addressing revenue diversification can help mitigate financial risks.
Resolving the legal dispute with Cisco and focusing on operational efficiency present opportunities for future improvement.

Paltalk reports Q3 revenue decline, wins legal battle against Cisco

Paltalk faces challenges with declining revenue and losses in Q3 2024 but benefits from a strong legal win and a pending acquisition.
Maintaining a healthy cash position and focusing on core operations are strengths for the company.
Opportunities lie in diversification through acquisitions, profitability improvements, and leveraging legal victories.
Strategic actions to address challenges and capitalize on opportunities will be crucial for Paltalk's future performance.

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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 multimedia social applications, is pleased to announce that it will host its first quarter 2023 earnings results conference call on Tuesday, May 9, 2023 at 4:30 p.m. Eastern Time.

Paltalk to Host First Quarter 2023 Earnings Results Conference Call on Tuesday, May 9, 2023 at 4:30 p.m. ET

Paltalk, Inc. (NASDAQ:PALT ) Q4 2022 Earnings Conference Call March 23, 2023 4:30 PM ET Company Participants Kara Jenny - Chief Financial Officer Jason Katz - Chief Executive Officer Conference Call Participants Operator Good afternoon, and welcome to the earnings call for Paltalk's Fourth Quarter and Full Year ended December 31, 2022. At this time, all participants have been placed on a listen-only mode.

Paltalk, Inc. (PALT) Q4 2022 Earnings Call Transcript

Continued Sequential Quarterly Improvement in Net Loss and Reduced Operating Expenses

Paltalk, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results

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 powers multimedia social applications, is pleased to announce that it will host its fourth quarter and full year 2022 earnings results conference call on Thursday, March 23, 2023 at 4:30 p.m. Eastern Time.

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, Jan. 10, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (“Paltalk,” the “Company,” “we,” “our” or “us”) (Nasdaq: PALT), a communications software innovator that powers multimedia social applications, today announced that Chief Executive Officer Jason Katz will appear on ClearThink IR Virtual Live on Wednesday, January 11, 2023 at 12 noon ET.

Paltalk to be Featured on Inaugural ClearThink IR Virtual Live Event on Wednesday, January 11, 2023 at 12 Noon ET

Expected to Lead to Increased Usage and Engagement

Paltalk Adds Game Lobbies for Its Backgammon and Chess Games

Paltalk, Inc. (NASDAQ:PALT ) Q3 2022 Earnings Conference Call November 7, 2022 4:30 PM ET Company Participants Jason Katz – Chief Executive Officer Kara Jenny – Chief Financial Officer Conference Call Participants Operator Good afternoon, and welcome to the Paltalk Third Quarter 2022 Earnings Call. At this time all participants have been placed on a listen-only mode.

Paltalk, Inc. (PALT) Q3 2022 Earnings Call Transcript

Paltalk Inc (NASDAQ:PALT) said it has finished 3Q with a strong cash position of $15.5 million as the company has reduced its operating expenses quarter-over-quarter to align with the current macroeconomic conditions. Operational highlights for the quarter included the signing of corporate customers for ManyCam subscriptions, advancing the business-to-business channel, and progress in optimizing ManyCam integration.

Paltalk achieves sequential quarterly reduction in operating expenses; ends 3Q in strong cash position

Sequential Quarterly Reduction in Operating Expenses   Cash Balance of $15.5 Million at Quarter End

Paltalk, Inc. Reports Third Quarter 2022 Financial Results

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 multimedia social applications, is pleased to announce that it will host its third quarter 2022 earnings results conference call on Monday, November 7, 2022 at 4:30 p.m. Eastern Time.

Paltalk to Host Third Quarter 2022 Earnings Results Conference Call on Monday, November 7, 2022 at 4:30 p.m. ET

There are a lot of video conferencing platforms out there. Everyone knows about Zoom, and there are no shortage of services that enable people to talk to each other on camera.

Paltalk has built a global video chatting platform that connects people with shared interests and stands the test of time

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The Dow Jones tumbled by over 500 points on Friday. Investors, meanwhile, focused on some notable insider trades.

Paltalk And 3 Other Stocks Under $3 Insiders Are Aggressively Buying

Paltalk (NASDAQ:PALT) Inc has announced that its cash position remains solid at $16.9 million at the end of June 2022, with the company seeking further strategic opportunities after successfully acquiring the assets of live streaming software and virtual camera ManyCam. To that end, the communications software innovator has engaged Roth Capital Partners, LLC to assist with buy-side opportunities to accelerate its growth and profitability.

Paltalk ends 2Q with $16M cash; seeks further merger and acquisition opportunities

Paltalk, Inc. (NASDAQ:PALT ) Q2 2022 Earnings Conference Call August 9, 2022 4:30 PM ET Company Representatives Jason Katz - Chief Executive Officer Kara Jenny - Chief Financial Officer Conference Call Participants Operator Good afternoon, and welcome to the Paltalk Second Quarter 2022 Earnings Call. At this time all participants have been placed on a listen-only-mode.

Paltalk, Inc. (PALT) CEO Jason Katz on Q2 2022 Results - Earnings Call Transcript

Refining Strategy to Improve Performance and Optimize ManyCam Integration

Paltalk, Inc. Reports Second Quarter 2022 Financial Results

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 multimedia social applications, is pleased to announce that it will host its second quarter 2022 earnings results conference call on Monday, August 8, 2022 at 4:30 p.m. Eastern Time.

Paltalk to Host Second Quarter 2022 Earnings Results Conference Call on Monday, August 8, 2022 at 4:30 p.m. ET

To Focus on Buy-Side Opportunities to Accelerate Growth and Profitability

Paltalk Engages Roth Capital Partners to Assist With Its Strategic Initiative of Mergers and Acquisitions

Paltalk (NASDAQ:PALT) Inc said it has released the Windows version of ManyCam 8.0, an upgrade to its recently acquired asset. The communications software provider explained that ManyCam is a live streaming software and virtual camera that allows users to deliver professional live videos on streaming platforms, video conferencing apps and distance learning tools.

Paltalk announces upgrade release of ManyCam version 8.0

Paltalk, Inc. Announces Upgrade Release of ManyCam Version 8.0

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This morning, Paltalk announced acquiring live streaming software, ManyCam from Visicom Media. PALT stock is up 7% on the news.

Paltalk Stock Soars 25% on Visicom Asset Acquisition News

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. ManyCam is a live streaming software and a virtual camera that allows users to.

Here's Why Paltalk Shares Are Trading Higher Premarket

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Paltalk (NASDAQ:PALT) Inc announced that it has acquired the core assets of ManyCam from Visicom Media Inc for $2.7 million in cash, plus a potential earn-out payment of up to $600,000. The earn-out payment is conditional upon the achievement of certain performance thresholds related to gross sales of ManyCam software over the six-month period following the closing of the acquisition.

Paltalk acquires ManyCam assets for $2.7M plus potential earn-out payment

JERICHO, NY, June 09, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (“Paltalk,” the “Company,” “we,” “our” or “us”) (Nasdaq: PALT), a leading communications software innovator that powers multimedia social applications, today announced that it has acquired the core assets of ManyCam from Visicom Media Inc. (“Visicom”). ManyCam is a live streaming software and virtual camera that allows users to deliver professional live videos on any streaming platform, video conferencing app or distance learning tool.

News for Paltalk Stock (PALT)