secwatch.observer — SEC 8-K summary
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Issuer:     KLDiscovery Inc. (—)
CIK:        0001752474
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0000950170-24-055921
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KLDiscovery Q1 revenue down 11% to $80.2M; net loss widens to $16.9M; debt restructuring agreed
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- Q1 revenue $80.2M vs $90.7M YoY; net loss widened to $16.9M from $4.5M.
- EBITDA $7.4M vs $18.2M; Adjusted EBITDA $10.6M vs $20.9M YoY.
- Agreement in principle with debenture holders and term loan lender to reduce long-term debt; subject to definitive documentation.
- Nebula revenue up 82% YoY, now 19% of revenue; hosted data up 24%, active users up 11%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1752474/000095017024055921/0000950170-24-055921-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1752474/000095017024055921/kldi-20240508.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-055921

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer