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. (NASDAQ: KLTR) is a software company that describes itself as the AI Video Experience Cloud, focusing on AI-infused, hyper-personalized video experiences for enterprises, educational institutions, and media and telecom organizations. The KLTR news page on Stock Titan aggregates company announcements, earnings releases, product updates, partnership news, and research highlights drawn from Kaltura’s public disclosures.
Investors and observers can follow financial results and outlook through Kaltura’s quarterly earnings press releases, which discuss revenue trends, subscription metrics, adjusted EBITDA, and business highlights. These releases also describe developments such as reorganization plans, workforce adjustments, and changes in executive roles, including the announced departure of the company’s Chief Financial Officer and related transition arrangements.
The news flow also covers product and technology developments, including the launch of AI-driven offerings like the Media Publishing Agent and Kaltura Genies, as well as plans to integrate conversational avatars from the planned eSelf.ai acquisition into Kaltura’s AI Video Experience Cloud. Sector-specific updates feature Cloud TV collaborations, such as the extended partnership with Vodafone around the Kaltura-powered Vodafone TV solution, and education-focused initiatives highlighted at Kaltura Connect in Education events.
In addition, Kaltura publishes thought leadership and research, such as the “State of AI Video in the Enterprise” report produced with IntelliVid Research, which examines how organizations use AI-powered video tools. By reviewing the KLTR news feed, users can see how Kaltura communicates its strategy across enterprise, education, and media and telecom segments, and track material events reported in parallel through SEC filings.
Kaltura reported a first quarter revenue of $41.7 million, up 11% from $37.7 million in Q1 2021. Subscription revenue rose 14% to $37.0 million. Annualized Recurring Revenue (ARR) reached $147.7 million, a 15% increase. However, the company reported a GAAP net loss of $16.9 million, or $0.13 per diluted share, compared to a loss of $15.6 million in the prior year. Outlook for Q2 2022 anticipates total revenue growth of 0%-2% year-over-year and acknowledges ongoing negative adjusted EBITDA ranging from $(8.5) million to $(11.5) million.
Kaltura, the video experience cloud, will announce its first quarter financial results on May 10, 2022, before the market opens. A conference call at 8:00 a.m. ET will follow, providing insights into the company's financial performance and outlook. Investors can access the live webcast through Kaltura's Investor Relations website. The company offers a Video Experience Cloud that powers video experiences for various industries, including education and media, enhancing communication, training, and marketing efforts.
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.