secwatch.observer — SEC 8-K summary
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Issuer:     KALTURA INC (KLTR)
CIK:        0001432133
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001432133-23-000051
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1432133/000143213323000051/0001432133-23-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1432133/000143213323000051/kltr-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001432133-23-000051

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