Kaltura Q3 revenue $43.5M (+6% YoY); first adjusted EBITDA profit since 2020

KALTURA INC

2023-Q3 EPS reported $0.25 revenue$130,694,000

Revenue $43.5M (+6% YoY); subscription revenue $40.8M (+8% YoY).
GAAP net loss $10.7M ($0.08/diluted); non-GAAP net loss $3.2M ($0.02/diluted).
Adjusted EBITDA positive $0.3M (first since 2020); operating cash flow +$1.7M.
Q4 guidance: subscription rev -3% to +1% YoY; adj. EBITDA loss $1.1M-$0.6M.
Full-year 2023: subscription rev +5-6% to $160.3-161.7M; total rev ~2% growth.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

KALTURA INC reported the third quarter ended September 30, 2023 results: revenue $43.5 million, net income GAAP Net loss was $10.7 million or $0.08 per diluted share, EPS $0.08 per diluted share. Guidance raised.

Period: the third quarter ended September 30, 2023
Revenue: $43.5 million
Net income: GAAP Net loss was $10.7 million or $0.08 per diluted share
EPS: $0.08 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

Revenue for the third quarter of 2023 was $43.5 million

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Source: SEC EDGAR

accession 0001178913-23-003565

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