earnings
confidence high
sentiment negative
materiality 0.75
Kaltura Q4 revenue up 3% to $44.1M; full-year net loss widens to $68.5M; 2023 guidance weak
KALTURA INC
- Q4 2022 revenue $44.1M (+3% YoY); subscription revenue $39.6M (+3% YoY).
- GAAP net loss $14.8M ($0.11/diluted share) vs $15.9M ($0.12) in Q4 2021.
- Full-year 2022 GAAP net loss $68.5M ($0.53/diluted) vs $59.4M ($0.95) in 2021.
- Adjusted EBITDA $(28.3)M for 2022 vs $(12.2)M in 2021; operating cash burn $46.8M.
- January 2023 cost-cutting plan reduced workforce by 11%; 2023 subscription revenue growth guided 4%-6%.