Kaltura authorizes $15M stock repurchase, reaffirms FY 2025 guidance

KALTURA INC

Board authorized up to $15M common stock repurchase program, replacing previous $5M program from June 2024.
Q1 2025 guidance: Subscription Revenue $43.4M-$44.2M (5-7% YoY growth), Total Revenue $45.7M-$46.5M, Adjusted EBITDA $2.5M-$3.5M.
FY 2025 guidance: Subscription Revenue $170.4M-$173.4M (2-3% YoY), Total Revenue $179.9M-$182.9M, Adjusted EBITDA $12.7M-$14.7M.
CEO states repurchase reflects confidence in long-term strategy and belief that shares are undervalued.

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