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

Paltalk achieves sequential quarterly reduction in operating expenses; ends 3Q in strong cash position
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. Read More
Posted: Nov 7 2022, 16:44
Author Name: Proactive Investors
Views: 103118

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By Proactive Investors
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By Seeking Alpha
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