secwatch.observer — SEC 8-K summary
======================================

Issuer:     KALTURA INC (KLTR)
CIK:        0001432133
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001432133-25-000084
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kaltura Q2 revenue $44.5M (+1% YoY); non-GAAP net profit $2.5M; announces 10% headcount cut
--------------------------------------------------------------------------------

- Revenue $44.5M (+1% YoY); subscription rev $42.4M (+3%); ARR $170.4M (+3%).
- GAAP net loss $7.8M vs $10.0M loss in Q2 2024; non-GAAP net profit $2.5M, record; adjusted EBITDA $4.1M vs $1.6M.
- Announced workforce reduction of ~10% to improve efficiency; expected annualized savings $8.5M, one-time charge $0.7M in Q3 2025.
- Q3 2025 guidance: subscription rev $40.8M-$41.6M, total rev $42.8M-$43.6M, adj EBITDA $1.5M-$2.5M.
- Full year 2025 guidance: total rev $180.4M-$182.4M, adj EBITDA $14.5M-$16.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1432133/000143213325000084/0001432133-25-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1432133/000143213325000084/kltr-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001432133-25-000084

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