NASDAQ$KLTR
Kaltura Inc. · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Announced financial results for the first quarter of 2024, demonstrating growth in revenue and progress towards profitability.
Kaltura reported record total revenues and subscription revenues for Q1 2024, marking the sixth consecutive quarter of year-over-year growth. The company also achieved its third consecutive quarter of Adjusted EBITDA profitability and showed significant year-over-year improvement in cash flows.
- Total revenue increased by 3% year-over-year to $44.8 million.
- Subscription revenue increased by 2% year-over-year to $41.2 million.
- GAAP Operating loss decreased to $7.3 million, compared to $12.0 million in the first quarter of 2023.
- Adjusted EBITDA was $0.6 million, compared to negative $2.7 million for the first quarter of 2023.
Headline financials
Revenue & EPS history
Kaltura · Revenue · Quarterly
$44.8M
Revenue by segment
Kaltura · $43.5M total across 2 segments · Q3 2023
- Enterprise, Education & Tech$31.1M+3.5%71.4%
- Media & Telecom$12.4M+13.2%28.6%
Forward guidance
Kaltura provided financial outlook for the second quarter and full year 2024.
Tailwinds
- Subscription Revenue to be between $39.6 million and $40.3 million for Q2 2024.
- Total Revenue to be between $42.7 million and $43.5 million for Q2 2024.
- Adjusted EBITDA to be between negative $0.6 million to positive $0.4 million for Q2 2024.
- Subscription Revenue to be between $161.2 million and $164.2 million for the full year 2024.
- Total Revenue to be between $173.7 million and $176.7 million for the full year 2024.
Headwinds
- Adjusted EBITDA to be in the range of $0 million to $1 million for the full year 2024.
- Guidance contains forward-looking statements and actual results may differ materially.
- Kaltura has not provided a quantitative reconciliation of forecasted Adjusted EBITDA to forecasted GAAP net loss.
- Reconciliation for Adjusted EBITDA includes items that could materially affect the computation of forward-looking GAAP net loss.
- Guidance is based on the Company's current expectations relating to the macro-economic climate trends.
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 2024
+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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