---
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"
generated_at: "2026-06-21T22:40:59.484141+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kaltura Q3 revenue down 4% YoY to $41.1M; net loss $0.15/diluted share

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001432133-22-000056
- JSON: https://secwatch.observer/filing/0001432133-22-000056.json
- Plain text: https://secwatch.observer/filing/0001432133-22-000056.txt

## Key facts
- Earnings Releases
  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.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $41.1 million
  - Net income: $19.4 million or $0.15 per diluted share
  - EPS: $0.15 per diluted share
  - Result: reported results
  source text: • 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_url: https://www.sec.gov/Archives/edgar/data/1432133/000143213322000056/0001432133-22-000056-index.htm
- Earnings Releases
  KALTURA INC reported the full year ending December 31, 2022 results: revenue between $167.7 million and $168.7 million. Guidance initiated.
  - Period: the full year ending December 31, 2022
  - Revenue: between $167.7 million and $168.7 million
  - Guidance: initiated
  - Result: guidance update
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1432133/000143213322000056/0001432133-22-000056-index.htm
- Earnings Releases
  KALTURA INC reported the fourth quarter of 2022 results: revenue between $43.0 million and $44.0 million. Guidance initiated.
  - Period: the fourth quarter of 2022
  - Revenue: between $43.0 million and $44.0 million
  - Guidance: initiated
  - Result: guidance update
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1432133/000143213322000056/0001432133-22-000056-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
