{"schema_version":"secwatch.filing_event.v1","accession":"0001432133-22-000056","form_type":"8-K","ticker":"KLTR","cik":"0001432133","company_name":"KALTURA INC","filed_at":"2022-11-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.636650+00:00","generated_at":"2026-06-21T22:40:59.484141+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Kaltura Q3 revenue down 4% YoY to $41.1M; net loss $0.15/diluted share","bullets":["Total revenue $41.1M (-4% YoY); subscription revenue $37.9M (+1% YoY).","GAAP net loss $19.4M ($0.15/diluted share) vs $25.2M ($0.26) a year ago.","Adjusted EBITDA -$7.2M, worsened from -$2.3M; operating cash flow turned positive at $1.1M.","Q4 guidance: total revenue $43-44M (1-3% growth); adjusted EBITDA -$6.5M to -$5.5M.","Cost-cutting plan underway; closed several seven-digit deals and launched new Webinars product."],"urls":{"canonical":"https://secwatch.observer/filing/0001432133-22-000056","json":"https://secwatch.observer/filing/0001432133-22-000056.json","markdown":"https://secwatch.observer/filing/0001432133-22-000056.md","text":"https://secwatch.observer/filing/0001432133-22-000056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1432133/000143213322000056/0001432133-22-000056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1432133/000143213322000056/kltr-20221110.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T22:40:59.484141+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6184624fd452629ead8daa098e99fc4b0fefd601","claim":"KALTURA INC reported the third quarter ended September 30, 2022 results: revenue $41.1 million, net income $19.4 million or $0.15 per diluted share, EPS $0.15 per diluted share.","evidence_excerpt":"• Revenue for the third quarter of 2022 was $41.1 million, a decrease of 4% compared to $43.0 million for the third quarter of 2021. • Subscription revenue for the third quarter of 2022 was $37.9 million, an increase of 1% compared to $37.7 million for the third quarter of 2021. • Annualized Recurring Revenue (ARR) for the third quarter of 2022 was $152.9 million, an increase of 1% compared to $151.7 million for the third quarter of 2021. • GAAP Gross profit for the third quarter of 2022 was $26.4 million, representing a gross margin of 64% compared to a GAAP gross profit of $27.8 million and gross margin of 65% for the third quarter of 2021. • Non-GAAP Gross profit for the third quarter of 2022 was $26.8 million, representing a non-GAAP gross margin of 65%, compared to a non-GAAP gross profit of $28.1 million and non-GAAP gross margin of 65% for the third quarter of 2021. • GAAP Operating loss was $14.9 million for the third quarter of 2022, compared to an operating loss of $5.9 milli","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1432133/000143213322000056/0001432133-22-000056-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$41.1 million"},{"label":"Net income","value":"$19.4 million or $0.15 per diluted share"},{"label":"EPS","value":"$0.15 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"95a5dd4674a5b9a6d1274326dd32737e856ad208","claim":"KALTURA INC reported the full year ending December 31, 2022 results: revenue between $167.7 million and $168.7 million. Guidance initiated.","evidence_excerpt":"For the full year ending December 31, 2022, Kaltura currently expects: • Subscription Revenue to grow by 4%-5% year-over-year to between $151.4 million and $152.4 million. • Total Revenue to grow by 2% year-over-year to between $167.7 million and $168.7 million. • Adjusted EBITDA to be negative in the range of $30.5 million to $29.5 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1432133/000143213322000056/0001432133-22-000056-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ending December 31, 2022"},{"label":"Revenue","value":"between $167.7 million and $168.7 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"d6d6f70651a368e5244770851b6eab3965197084","claim":"KALTURA INC reported the fourth quarter of 2022 results: revenue between $43.0 million and $44.0 million. Guidance initiated.","evidence_excerpt":"For the fourth quarter of 2022, Kaltura currently expects: • Subscription Revenue to grow by 0%-3% year-over-year to between $38.5 million and $39.5 million. • Total Revenue to increase by 1%-3% year-over-year to between $43.0 million and $44.0 million. • Adjusted EBITDA to be negative in the range of $6.5 million to $5.5 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1432133/000143213322000056/0001432133-22-000056-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2022"},{"label":"Revenue","value":"between $43.0 million and $44.0 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}