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Kaltura, Inc. (NASDAQ: KLTR) is a global leader in the video experience industry, offering diverse video solutions that cater to various sectors including enterprise, education, media, and telecom. Kaltura’s mission is to power any video experience, and it has successfully emerged as a key player in the OTT TV (Over-the-Top TV), OVP (Online Video Platform), EDVP (Education Video Platform), and EVP (Enterprise Video Platform) markets.
Kaltura provides robust live and on-demand video SaaS solutions that engage hundreds of millions of viewers globally. Its product suite includes the Learning Management System Video, Lecture Capture, and Virtual Classroom solutions tailored for educational institutions, as well as a comprehensive TV Solution for media and telecom companies. The company operates primarily through two reporting segments: Enterprise, Education & Technology, and Media & Telecom, with the majority of revenue generated from operations in the United States.
Recent Achievements: Kaltura has posted record subscription revenue for four consecutive quarters and recorded significant year-over-year total revenue growth. It recently achieved adjusted EBITDA profits for the first time since 2020, alongside positive cash flow from operations. The company continues to see increasing demand for its video solutions, driving larger deals with new and existing customers.
Kaltura is also known for its commitment to its core values of openness, flexibility, and collaboration. It supports the world’s leading open-source video-management project, boasting a community of over 100,000 members.
The company’s financial outlook remains positive, with raised guidance for the full year’s revenue and adjusted EBITDA. This optimism is further backed by strategic initiatives and a strong belief in the long-term growth potential of Kaltura’s video experience platforms.
For more detailed and updated information, visit Kaltura’s Investor Relations section.
Kaltura, Inc. announced it will release its first quarter financial results for the period ending March 31, 2023, on May 9, 2023, before market open. A conference call will take place at 8:00 a.m. ET on the same day to discuss the financial results and outlook.
Investors can join the call via toll-free numbers or access a live webcast on Kaltura's Investor Relations website. A replay of the webcast will be available for approximately 30 days after the call.
Kaltura focuses on enhancing video experiences for various sectors, including education and media, using its Video Experience Cloud to enable live, real-time, and on-demand video products.
Kaltura reported its financial results for Q4 and FY 2022, showing a return to growth with Q4 revenue of $44.1 million, up 3% from Q4 2021. Subscription revenue also increased by 3%, reaching $39.6 million. For the full year, revenue was $168.8 million, a 2% rise. However, the company faced a GAAP net loss of $68.5 million for FY 2022, up from $59.4 million in the previous year. Kaltura expects continued growth in 2023, forecasting Q1 subscription revenue growth of 5%-7% and total revenue growth of 1.5%-3.5%. Despite macroeconomic challenges, Kaltura maintains its commitment to improving Adjusted EBITDA.
Kaltura, Inc. announced that it will release its fourth quarter and full year financial results for the period ended December 31, 2022 before market open on February 22, 2023. A conference call will follow to discuss these results and the company's financial outlook.
The call is scheduled for 8:00 a.m. ET, and both a live webcast and a replay will be available on Kaltura’s Investor Relations webpage.