NASDAQ$KLTR
Kaltura Inc. · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Kaltura's financial performance remained steady with revenue targets met and reaffirmation of reaching cash-flow-from-operations break-even in 2024.
Kaltura reported a 4% increase in revenue compared to Q1 2022, alongside a 9% increase in subscription revenue. The company is reaffirming its expectation of reaching cash-flow-from-operations break-even during 2024, and posting a positive Adjusted EBITDA for the full year of 2024.
- Revenue increased by 4% year-over-year, with subscription revenue up by 9%.
- ARR increased by 8% year-over-year.
- GAAP operating loss decreased compared to the same period last year.
- Net cash used in operating activities decreased compared to the same period last year.
Headline financials
Revenue & EPS history
Kaltura · Revenue · Quarterly
$43.3M
Revenue by segment
Kaltura · $43.3M total across 2 segments · Q1 2023
- Enterprise, Education & Tech$31.3M+5.4%72.4%
- Media & Telecom$11.9M-0.4%27.6%
Forward guidance
Kaltura provided financial outlook for the second quarter and full year 2023.
Tailwinds
- Subscription Revenue to grow by 5%-7% year-over-year in Q2 2023.
- Total Revenue to grow by 2%-4% year-over-year in Q2 2023.
- Subscription Revenue to grow by 4%-6% year-over-year for the full year 2023.
- Total Revenue to grow by 0%-2% year-over-year for the full year 2023.
- Reaffirming expectation of reaching cash-flow-from-operations break-even during 2024, and posting a positive Adjusted EBITDA for the full year of 2024.
Headwinds
- Adjusted EBITDA to be negative in the range of $1.5 million to $2.5 million for Q2 2023.
- Adjusted EBITDA to be negative in the range of $5.0 million to $8.0 million for the full year 2023.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q1 2023
+1.2%
Avg return
Earnings day
+1.8%
Avg return
5 days after
-4.4%
Avg return
30 days after
59%
13 / 22 earnings
Positive
+33.1%
Q3 2024
Best reaction
-38.3%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.2% | +5.8% | — | |
| Q4 2025 | -9.4% | -11.5% | -18.7% | |
| Q3 2025 | +24.7% | +13.6% | +14.3% | |
| Q1 2025 | -0.5% | +4.5% | +1.4% | |
| Q4 2024 | -2.0% | -18.4% | -25.2% | |
| Q3 2024 | +33.1% | +46.1% | +57.7% | |
| Q2 2024 | +3.5% | +7.0% | -5.2% | |
| Q1 2024 | -3.1% | -6.2% | -36.4% | |
| Q4 2023 | +2.1% | -3.4% | -8.3% | |
| Q3 2023 | +1.1% | -2.3% | +2.3% | |
| Q2 2023 | +4.0% | +5.1% | -2.5% | |
| Q1 2023 | +5.1% | +5.7% | +2.3% | |
| Q4 2022 | -2.0% | -4.0% | -1.0% | |
| Q3 2022 | +11.4% | +16.2% | +10.2% | |
| Q2 2022 | -1.9% | -6.8% | -18.4% | |
| Q1 2021 | +2.7% | +11.4% | +20.8% | |
| Q1 2022 | +1.4% | +9.9% | +28.4% | |
| Q4 2021 | -38.3% | -27.3% | -39.9% | |
| Q3 2021 | -35.2% | -34.4% | -58.1% | |
| Q2 2020 | +9.8% | +4.5% | -7.6% | |
| Q4 2020 | +9.8% | +4.5% | -7.6% | |
| Q2 2021 | +12.1% | +20.6% | -0.6% | |
| Q3 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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