Welcome to our dedicated page for KALTURA news (Ticker: KLTR), a resource for investors and traders seeking the latest updates and insights on KALTURA stock.
Kaltura Inc (KLTR) is a leading provider of cloud-based video experience solutions powering enterprise communications, educational platforms, and media streaming services worldwide. This dedicated news hub aggregates all official announcements, financial updates, and strategic developments from the video technology innovator.
Investors and industry observers can access curated press releases covering quarterly earnings, product innovations, strategic partnerships, and market expansion initiatives. The repository serves as a comprehensive resource for tracking Kaltura's progress in OTT TV solutions, enterprise video platforms, and education technology sectors.
All content is sourced directly from company communications to ensure accuracy and timeliness. Users can monitor developments in video SaaS infrastructure, live streaming capabilities, and interactive media solutions that position Kaltura at the forefront of digital experience technologies.
Bookmark this page for streamlined access to critical updates about KLTR's business performance, technological advancements, and industry leadership in video-powered communication platforms.
Kaltura (Nasdaq: KLTR) has announced a stock repurchase program for up to $5 million of its common stock, signaling the Board and Management's belief that the current share price is undervalued. The repurchases can be made through various methods, including open market purchases and privately negotiated transactions, conforming to federal securities laws. The program has no time limit and can be modified or discontinued at any time without notice. It will be funded from existing cash and future cash flows. Kaltura also reaffirmed its financial guidance for Q2 and full-year 2024, expecting Q2 subscription revenue between $39.6M-$40.3M, total revenue between $42.7M-$43.5M, and adjusted EBITDA ranging from -$0.6M to $0.4M. For the full year, subscription revenue is forecasted between $161.2M-$164.2M, total revenue between $173.7M-$176.7M, and adjusted EBITDA between $0M-$1M.
Kaltura, Inc. announced its financial results for the first quarter of 2024, showcasing record total revenues and subscription revenues. The company reported improvements in gross retention and cash flows, aiming for sustainable profitable growth. Financial highlights included revenue of $44.8 million, Subscription Revenue of $41.2 million, and Annualized Recurring Revenue of $162.7 million. While GAAP Net loss was $11.1 million, Non-GAAP Net loss was $4.4 million, with Adjusted EBITDA at $0.6 million.
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