---
schema_version: "secwatch.filing_event.v1"
accession: "0001432133-23-000051"
form_type: "8-K"
ticker: "KLTR"
cik: "0001432133"
company_name: "KALTURA INC"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:44:52.340072+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Kaltura Q1 revenue $43.3M (+4% YoY), net loss narrows to $12.8M; reaffirms 2024 cash-flow break-even

## Summary
- Revenue of $43.3M (+4% YoY); subscription revenue $40.4M (+9% YoY); ARR $159.6M (+8% YoY).
- GAAP net loss $12.8M ($0.09 diluted EPS) vs $16.9M ($0.13) YoY; Adjusted EBITDA -$2.7M vs -$8.4M.
- Non-GAAP net loss $4.4M ($0.03) vs $11.0M ($0.09) YoY; operating cash burn improved to $7.4M from $19.6M.
- Guides Q2 total revenue $42.8-43.7M (+2-4% YoY); FY total revenue $168.8-172.2M (0-2% YoY).
- Reports second consecutive Q of YoY new ARR bookings growth; closed five seven-digit deals in insurance, banking, tech.

## SEC filing metadata
- accession: 0001432133-23-000051
- form_type: 8-K
- ticker: KLTR
- cik: 0001432133
- company_name: KALTURA INC
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1432133/000143213323000051/0001432133-23-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1432133/000143213323000051/kltr-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001432133-23-000051
- JSON: https://secwatch.observer/filing/0001432133-23-000051.json
- Plain text: https://secwatch.observer/filing/0001432133-23-000051.txt

## Key facts
- Earnings Releases
  KALTURA INC reported the first quarter ended March 31, 2023 results: revenue $43.3 million, net income $12.8 million, EPS $0.09 per diluted share. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $43.3 million
  - Net income: $12.8 million
  - EPS: $0.09 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: First Quarter 2023 Financial Highlights: • Revenue for the first quarter of 2023 was $43.3 million, an increase of 4% compared to $41.7 million for the first quarter of 2022. • Subscription Revenue for the first quarter of 2023 was $40.4 million, an increase of 9% compared to $37.0 million for the first quarter of 2022. • Annualized Recurring Revenue (ARR) for the first quarter of 2023 was $159.6 million, an increase of 8% compared to $147.7 million for the first quarter of 2022. • GAAP Gross profit for the first quarter of 2023 was $27.3 million, representing a gross margin of 63% compared to a GAAP gross profit of $26.3 million and gross margin of 63% for the first quarter of 2022. • Non-GAAP Gross profit for the first quarter of 2023 was $27.7 million, representing a non-GAAP gross margin of 64%, compared to a non-GAAP gross profit of $26.8 million and non-GAAP gross margin of 64% for the first quarter of 2022. • GAAP Operating loss was $12.0 million for the first quarter of 2023, c
  evidence_url: https://www.sec.gov/Archives/edgar/data/1432133/000143213323000051/0001432133-23-000051-index.htm

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