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, 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.
Kaltura reported strong financial results for Q2 2021, achieving revenue of $41.6 million, a 45% year-over-year increase. Subscription revenue surged 46% to $36.5 million. Annualized Recurring Revenue (ARR) rose to $145.4 million, up 46%. Despite a gross profit of $26.0 million, Kaltura faced an operating loss of $5.8 million and a net loss of $2.7 million. For Q3 2021, revenue guidance is set between $41.5 million to $42.5 million, with an expected negative adjusted EBITDA of $6.5 million to $4.5 million.
Kaltura announced the full exercise of underwriters' option for an additional 2,250,000 shares in its initial public offering, raising the total to 17,250,000 shares sold. This led to gross proceeds of $172,500,000 before deductions. The IPO was managed by top financial institutions including Goldman Sachs and BofA Securities. The offering was facilitated under a registration statement approved by the Securities and Exchange Commission.
Kaltura, a leading provider in the video experience cloud sector, will announce its financial results for the second quarter ending June 30, 2021, before market open on August 18, 2021. A conference call will occur on the same day at 8:00 a.m. ET to discuss these results. Investors can access a live webcast on Kaltura's Investor Relations page, with a replay available for 30 days post-call. Kaltura aims to enhance video experiences across various industries, including education and media, serving millions of users globally.
Kaltura, Inc. has priced its initial public offering (IPO) at $10.00 per share, offering 15,000,000 shares, all by the company itself. The shares are expected to trade on Nasdaq under the ticker 'KLTR' starting July 21, 2021, with the offering closing on July 23, 2021, pending customary conditions. Kaltura may raise approximately $150 million before underwriting expenses, with an additional option for underwriters to purchase up to 2,250,000 shares. Goldman Sachs and BofA Securities lead the offering, which is now open for investment.