secwatch.observer — SEC 8-K summary
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Issuer:     KALTURA INC (KLTR)
CIK:        0001432133
Form:       8-K
Filed at:   2024-06-11T23:59:59+00:00
Accession:  0001432133-24-000119
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kaltura authorizes $5M stock repurchase program, reaffirms Q2/FY2024 guidance
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- Stock repurchase program of up to $5M in common stock authorized by Board.
- CEO states repurchase reflects belief that current share price is undervalued.
- Q2 guidance reaffirmed: subscription revenue $39.6M-$40.3M; total revenue $42.7M-$43.5M.
- Full year 2024 guidance reaffirmed: subscription revenue $161.2M-$164.2M; total revenue $173.7M-$176.7M.
- Adjusted EBITDA guidance: Q2 ($0.6M)-$0.4M; FY 2024 $0M-$1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1432133/000143213324000119/0001432133-24-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1432133/000143213324000119/kltr-20240611.htm
  HTML page:      https://secwatch.observer/filing/0001432133-24-000119

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