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

Issuer:     KALTURA INC (KLTR)
CIK:        0001432133
Form:       8-K
Filed at:   2026-05-11T20:06:32+00:00
Accession:  0001628280-26-033449
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kaltura Q1 revenue $44.6M (down 5% YoY) beats guidance; Adj EBITDA $5.7M above high end
--------------------------------------------------------------------------------

- Total revenue $44.6M (-5% YoY); subscription revenue $43.2M (-4% YoY); both above high end of guidance.
- GAAP net loss $3.8M ($0.03/diluted share) vs loss $1.1M ($0.01) last year; Non-GAAP net profit $2.1M ($0.01).
- Adjusted EBITDA $5.7M, up from $4.1M YoY; first Q1 positive operating cash flow of $0.7M.
- Completed PathFactory acquisition on April 1, 2026; launched agentic avatar products and achieved ISO 42001 AI cert.
- Q2 2026 guidance: subscription revenue $43.3-44.1M (2-4% growth), total revenue $45.2-46.0M, Adj EBITDA $2-3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1432133/000162828026033449/0001628280-26-033449-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1432133/000162828026033449/kltr-20260511.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-033449

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