secwatch.observer — SEC 8-K summary
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Issuer:     KALTURA INC (KLTR)
CIK:        0001432133
Form:       8-K
Filed at:   2022-08-09T23:59:59+00:00
Accession:  0001432133-22-000039
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kaltura Q2 revenue $42M (+1% YoY), net loss $17.3M; cuts 10% of workforce
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- Revenue $42.0M (+1% YoY); subscription $38.0M (+4%); ARR $151.0M (+4%).
- GAAP net loss $17.3M ($0.13/diluted) vs $2.7M loss a year ago; non-GAAP net loss $10.9M ($0.08).
- Adjusted EBITDA -$8.5M vs -$1.0M; operating cash flow -$22.5M vs +$0.9M.
- Approves ~10% workforce reduction; expects ~$1M severance charges in H2 2022 and ~$18M annualized savings.
- Q3 guidance: total revenue $40.8-$41.7M (down 3-5% YoY); full-year total revenue $168.4-$171.6M (up 2-4%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1432133/000143213322000039/0001432133-22-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1432133/000143213322000039/kltr-20220807.htm
  HTML page:      https://secwatch.observer/filing/0001432133-22-000039

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