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 reported financial results for Q4 and full year 2021. Q4 revenue reached $42.7 million, up 21% year-over-year, with subscription revenue increasing by 33% to $38.5 million. Annualized Recurring Revenue grew 29% to $150.8 million. However, GAAP net loss was $15.9 million, or $0.12 per share. For 2022, Kaltura anticipates subscription revenue growth of 12%-15% in Q1 and 10%-13% for the full year. Total revenue is expected to climb 5%-8%. Despite positive growth metrics, adjusted EBITDA is projected to be negative for both periods.
Kaltura will release its fourth quarter and full year financial results for the period ended December 31, 2021, on February 23, 2022, before market open. A conference call will follow at 8:00 a.m. ET to discuss these results and the company's financial outlook. Investors can join the call via the U.S. toll-free number 1-877-407-0789 or the international toll number +1-201-689-8562, using conference ID 13726386. A live webcast will also be available on the company's Investor Relations website, with a replay accessible for 30 days.
Gamida Cell Ltd. (Nasdaq: GMDA) announced the appointment of Anat Cohen-Dayag, Ph.D., and Naama Halevi-Davidov, Ph.D., to its Board of Directors as Class II Directors. This move aims to enhance the company's scientific and financial capabilities in advancing its cell therapy pipeline. Dr. Cohen-Dayag brings over 25 years of biotech experience, while Dr. Halevi-Davidov has extensive financial expertise, previously serving as CFO of Kaltura, Inc. These additions are expected to strengthen Gamida Cell's mission to develop innovative cures for serious diseases.
Kaltura (NASDAQ:KLTR) has expanded its partnership with Verbit, a leading transcription and captioning company. This collaboration enhances Kaltura's offerings in the education and corporate sectors by providing accurate captions and searchable video capabilities. As demand for digital accessibility grows, the partnership aims to meet new industry standards and improve user engagement. Verbit's technology employs advanced AI and a network of 35,000 transcribers to achieve over 99% accuracy and rapid turnaround, addressing the rising need for accessible video content.
Kaltura (NASDAQ:KLTR) announced the expansion of Vodafone TV into Germany, marking the service's launch in nine countries. Powered by the Kaltura TV Platform, this service now serves over two million subscribers globally. Vodafone TV, which integrates OTT and pay-TV features, leverages Kaltura’s technology for efficient launches and updates across markets. The partnership, established in 2014, highlights Vodafone's strategy in becoming a leading multi-country Cloud TV solution provider.
Kaltura (Nasdaq: KLTR) released its report The State of Virtual Events 2022, highlighting the significant shift towards virtual events. Notably, 84% of attendees prefer having virtual attendance options. The report indicates that 92% of event organizers moved away from physical events in 2021, with 94% planning virtual events in 2022. Attendees have expressed satisfaction, with 93% feeling the transition was well-managed. The survey included over 1,250 participants, providing insights into engagement and ROI in the evolving event landscape.
Kaltura reported strong third-quarter results for 2021, with total revenue of $43.0 million, a 40% increase year-over-year. Subscription revenue also grew by 40% to $37.7 million, while Annualized Recurring Revenue (ARR) rose by 41% to $151.7 million. Gross profit improved to $27.8 million, yielding a gross margin of 65%. However, the company experienced a net loss of $25.2 million. For Q4 2021, Kaltura expects revenue between $41.2 million and $43.2 million, with adjusted EBITDA projected to remain negative.
Kaltura (Nasdaq: KLTR) has been recognized as a Visionary in the Gartner Magic Quadrant for Meetings Solutions and ranked 4th in the 'External Presentation' and 5th in 'Learning and Training' and 'Webinars' in the Gartner 2021 Critical Capabilities for Meeting Solutions report. Their Video Experience Cloud offers a suite of video products and services used by millions globally. Co-founder Ron Yekutiel highlighted the company's rapid integration of real-time conferencing capabilities into their platform.
Kaltura, Inc. will release its third quarter financial results on November 3, 2021, before the market opens. The conference call is scheduled for 8:00 a.m. ET, where the company will discuss its financial results and outlook. Investors can access the call by dialing the provided toll-free numbers or joining via a live webcast on Kaltura's investor relations site. A replay will be available two hours post-call for one month.
Oracle has been selected by Kaltura to support its global expansion through Oracle Cloud Infrastructure (OCI). This partnership aims to enhance Kaltura's Video Experience Cloud, which includes services such as live streaming and video content management. By leveraging OCI's superior price-performance and built-in security, Kaltura anticipates significant savings and operational efficiency. Both companies will market and sell Kaltura's solutions jointly, aiming to accelerate Kaltura's growth in the enterprise video market.
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