Kaltura Announces Financial Results for Third Quarter 2024
Kaltura, Inc. (KLTR)
Company Research
Source: GlobeNewswire
NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Kaltura, Inc. (“Kaltura” or the “Company”), the video experience cloud, today announced financial results for the third quarter ended September 30, 2024, as well as outlook for the fourth quarter and full year 2024. “We delivered record subscription revenue and ARR in the third quarter, making it our eighth consecutive quarter of year-over-year revenue growth. Cash flow was at a record high, and Adjusted EBITDA was positive for the fifth consecutive quarter and at its highest level since the second quarter of 2020, fueled by a record gross margin. We also posted a sequential and year-over-year increase in new bookings for the second consecutive quarter, continued year-over-year improvement in gross retention, and record RPO. In light of these results, we are once again increasing our revenue and Adjusted EBITDA guidance for the full year and are expecting to post positive cash flow from operations in the fourth quarter and for the full ye
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KLTR
Earnings
- 11/6/24 - Beat
KLTR
Sec Filings
- 11/13/24 - Form SC
- 11/6/24 - Form 10-Q
- 11/6/24 - Form 8-K
- KLTR's page on the SEC website