Kaltura Q1 revenue $41.7M (+11% YoY); subscription revenue $37M (+14%); adjusted EBITDA -$8.4M

KALTURA INC

2022-Q1 EPS reported -$0.13 revenue$41,715,000

Revenue $41.7M (+11% YoY); subscription revenue $37M (+14%); ARR $147.7M (+15%).
GAAP net loss $16.9M ($0.13/diluted share) vs $15.6M ($0.73) in Q1 2021.
Adjusted EBITDA -$8.4M vs -$1.3M in prior year; operating cash burn $19.6M vs $6.6M.
Q2 guidance: subscription rev +1-3% YoY; total rev +0-2% YoY; adj EBITDA negative $8.5-11.5M.
Full-year 2022 guidance: subscription rev +10-13% YoY; total rev +5-8% YoY; adj EBITDA negative $27-32M.

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