secwatch.observer — SEC 8-K summary
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Issuer:     KALTURA INC (KLTR)
CIK:        0001432133
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001432133-24-000109
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kaltura Q1 2024 revenue $44.8M (+3% YoY), posts positive Adjusted EBITDA of $0.6M
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- Revenue $44.8M (+3% YoY); subscription revenue $41.2M (+2% YoY); ARR $162.7M (+2% YoY).
- GAAP net loss $11.1M ($0.08/diluted) vs $12.8M ($0.09) prior year; non-GAAP net loss $4.4M ($0.03).
- Adjusted EBITDA +$0.6M vs -$2.7M in Q1 2023; cash from operations used $1.1M vs $7.4M.
- Full-year 2024 guidance: subscription revenue $161.2-164.2M, total $173.7-176.7M, Adj EBITDA $0-1M.
- Gross retention improved for third consecutive quarter; closed 12 six-digit deals and 1 seven-digit deal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1432133/000143213324000109/0001432133-24-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1432133/000143213324000109/kltr-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001432133-24-000109

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer