Paltalk

Paltalk, Inc. Reports an Increase in Revenue of 5.5% in Third Quarter 2023

Retrieved on: 
Tuesday, November 7, 2023
Knowledge, Adjustment, Patent, Psychology, Examiner, Court, The Meet Group, Cisco Webex, ProSiebenSat.1 Media, District court, Douglas v. U.S. District Court ex rel Talk America, United States Patent Office fire, Cisco, 1877 U.S. Patent Office fire, Pharmaceutical industry, Bookkeeping, Cryptocurrency, Clothing, Paltalk, ManyCam

JERICHO, NY, Nov. 07, 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 financial and operational results for the third quarter ended September 30, 2023.

Key Points: 
  • In July of 2023, Geoff was named CEO of Noom, Inc., a leading digital health platform combining personalized psychology with modern medicine.
  • Before that, Geoff executed numerous acquisitions while growing The Meet Group, and ultimately sold it in 2020 for approximately $500 million to ProSiebenSat.1 Media.
  • 6,683,858, and on January 19, 2023, the Examiner issued an Ex Parte Reexamination Certificate, ending the reexamination and confirming the patentability of claims 1-10 of U.S. Patent No.
  • On June 29, 2023, the Court held a pretrial conference with the parties and denied Cisco’s motion for summary judgement.

Paltalk to Host Third Quarter 2023 Earnings Results Conference Call on Tuesday, November 7, 2023 at 4:30 p.m. ET

Retrieved on: 
Wednesday, November 1, 2023
Paltalk, Mobile phone

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 multimedia social applications, is pleased to announce that it will host its third quarter 2023 earnings results conference call on Tuesday, November 7, 2023 at 4:30 p.m. Eastern Time.

Key Points: 
  • 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 multimedia social applications, is pleased to announce that it will host its third quarter 2023 earnings results conference call on Tuesday, November 7, 2023 at 4:30 p.m. Eastern Time.
  • Paltalk CEO Jason Katz and CFO Kara Jenny will discuss the Company’s quarterly results for the three months ended September 30, 2023 and address stockholder questions submitted in advance of the conference call.
  • The details for the conference call can be found below.

Paltalk, Inc. Appoints Geoff Cook to Board of Directors

Retrieved on: 
Wednesday, October 11, 2023
The Meet Group, Knowledge, ProSiebenSat.1 Media, Management, Paltalk

JERICHO, NY, Oct. 11, 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 Geoffrey Cook was appointed to the board of directors of the Company, effective immediately. The Company increased the size of the board of directors from five (5) directors to six (6) directors, and Mr. Cook was selected to fill the newly created vacancy. 

Key Points: 
  • The Company increased the size of the board of directors from five (5) directors to six (6) directors, and Mr. Cook was selected to fill the newly created vacancy.
  • Jason Katz, Chairman and CEO of Paltalk, commented, “We are thrilled to have Geoff join our board of directors at this time, as we embark on further advancing our business both organically and acquisitively.
  • His experience, knowledge, and success in growing The Meet Group, and ultimately selling it in 2020 for $500 million to ProSiebenSat.1 Media, enables Geoff to provide us valuable guidance going forward.
  • Having built and grown companies at similar stages to that of Paltalk; I believe my expertise will bring a unique perspective that will contribute positively to the team.”
    Mr. Cook was also appointed to serve as a member of the Nominating and Corporate Governance Committee of the board of directors and the Strategic Transactions Committee of the board of directors.

Paltalk, Inc. Engages With Cleverbridge to Serve International Markets

Retrieved on: 
Thursday, September 28, 2023
Fraud, E-commerce, Risk, Algorithm, Mobile phone, Cryptocurrency, Paltalk, Camfrog

JERICHO, NY, Sept. 28, 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, is pleased to announce its engagement of Cleverbridge, a growth engine for global technology companies. Cleverbridge’s robust suite of global payment and eCommerce capabilities empowers Paltak to optimize international geographic markets while minimizing risk and administrative work.

Key Points: 
  • Cleverbridge’s robust suite of global payment and eCommerce capabilities empowers Paltak to optimize international geographic markets while minimizing risk and administrative work.
  • Paltalk and Camfrog both attract a demographically and geographically diverse user base, with users in over 180 different countries.
  • Paltalk users are domestic and international, and Camfrog users have an even larger international presence, with a particular concentration in Southeast Asia.
  • Beyond facilitating and authenticating payments, we believe Cleverbridge can help us increase our acceptance rates and reduce fraud at a global scale.

Paltalk, Inc. Reports 12% Revenue Growth to $3.0 Million in Second Quarter 2023

Retrieved on: 
Tuesday, August 8, 2023
Patent, Advertising, 1877 U.S. Patent Office fire, Attention, Metric, ManyCam, Cisco, District court, EBITDA, Acquisition, Examiner, United States Patent Office fire, Court, Growth, Adjustment, Douglas v. U.S. District Court ex rel Talk America, Cisco Webex, Tutoring, Cryptocurrency, Clothing, Renting, Bookkeeping, Paltalk

JERICHO, NY, Aug. 08, 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 financial and operational results for the second quarter ended June 30, 2023.

Key Points: 
  • All of our attention and efforts to optimize our platforms and streamline our costs have paid off and improved our foundation.
  • Our infrastructure is capable of supporting additional business, so if we continue to expand revenue, we are confident that it would result in increased profitability.
  • Financial Results for Three Months Ended June 30, 2023
    Revenue for the three months ended June 30, 2023 increased by 11.8% to $3.0 million, compared to $2.6 million for the three months ended June 30, 2022.
  • Financial Results for Six Months Ended June 30, 2023
    Revenue for the six months ended June 30, 2023 decreased by 0.9% to $5.5 million, compared to $5.6 million for the six months ended June 30, 2022.

Paltalk to Host Second Quarter 2023 Earnings Results Conference Call on Tuesday, August 8, 2023 at 4:30 p.m. ET

Retrieved on: 
Tuesday, August 1, 2023
Paltalk, Mobile phone

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 multimedia social applications, is pleased to announce that it will host its second quarter 2023 earnings results conference call on Tuesday, August 8, 2023 at 4:30 p.m. Eastern Time.

Key Points: 
  • 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 multimedia social applications, is pleased to announce that it will host its second quarter 2023 earnings results conference call on Tuesday, August 8, 2023 at 4:30 p.m. Eastern Time.
  • Paltalk CEO Jason Katz and CFO Kara Jenny will discuss the Company’s quarterly results for the three months ended June 30, 2023 and address stockholder questions submitted in advance of the conference call.
  • The details for the conference call can be found below.

Paltalk, Inc. Reports First Quarter 2023 Financial Results

Retrieved on: 
Tuesday, May 9, 2023
Patent, Advertising, 1836 U.S. Patent Office fire, Metric, ManyCam, Cisco, District court, EBITDA, Acquisition, Examiner, United States Patent Office fire, Growth, Adjustment, Douglas v. U.S. District Court ex rel Talk America, Cisco Webex, Cash and cash equivalents, Cryptocurrency, Credit, Video game, Cash, Paltalk

JERICHO, NY , May 09, 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 financial and operational results for the first quarter ended March 31, 2023.

Key Points: 
  • $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”) (Nasdaq: PALT), a communications software innovator that powers multimedia social applications, today announced financial and operational results for the first quarter ended March 31, 2023.
  • On September 7, 2022, the United States Patent Office issued a reexamination of U.S. Patent No.
  • 6,683,858, and on January 19, 2023, the Examiner issued an Ex Parte Reexamination Certificate, ending the reexamination and confirming the patentability of claims 1-10 of U.S. Patent No.
  • A trial is scheduled for early third quarter of 2023.

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

Retrieved on: 
Tuesday, May 2, 2023
Paltalk, Mobile phone

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.

Key Points: 
  • 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 CEO Jason Katz and CFO Kara Jenny will discuss the Company’s quarterly results for the three months ended March 31, 2023 and address stockholder questions.
  • The details for the conference call can be found below.

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

Retrieved on: 
Thursday, March 23, 2023
Patent, Advertising, 1836 U.S. Patent Office fire, Financial result, Metric, ManyCam, Cisco, District court, EBITDA, Acquisition, Examiner, United States Patent Office fire, Growth, Adjustment, Douglas v. U.S. District Court ex rel Talk America, Roth Capital Partners, Cisco Webex, Mobile phone, Cryptocurrency, Car rental, Credit, Video game, Bookkeeping, Paltalk

JERICHO, NY, March 23, 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 financial and operational results for the fourth quarter and year ended December 31, 2022.

Key Points: 
  • On September 7, 2022, the United States Patent Office issued a reexamination of U.S. Patent No.
  • Jason Katz, Chairman and CEO of Paltalk, commented, “We are encouraged with our sequential quarterly growth, as our fourth quarter revenue is 7% greater than what we reported for the third quarter of 2022.
  • Our operating expenses as a percentage of revenue declined to 129% for the fourth quarter of 2022 versus 140% for the third quarter of 2022, demonstrating our improved operating efficiencies.
  • Financial Results for Year Ended December 31, 2022
    Revenue for the year ended December 31, 2022 decreased by 17% to $11.0 million, compared to $13.3 million for the year ended December 31, 2021.

Paltalk, Inc. Confirms No Relationship With Silicon Valley Bank

Retrieved on: 
Monday, March 13, 2023
Silicon Valley Bank, Cryptocurrency, Bank, Paltalk

JERICHO, NY, March 13, 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, confirmed today, in response to investor inquiries, that it has no banking or other financial relationship with Silicon Valley Bank.

Key Points: 
  • JERICHO, NY, March 13, 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, confirmed today, in response to investor inquiries, that it has no banking or other financial relationship with Silicon Valley Bank.
  • Paltalk does not have any assets on deposit with Silicon Valley Bank, nor does the Company maintain any other financial relationship with the bank or its affiliated entities.