NASDAQ$KLTR
Kaltura Inc. · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Announced financial results, achieving record subscription revenue and ARR, positive Adjusted EBITDA, and increased revenue and Adjusted EBITDA guidance for the full year.
Kaltura reported a 2% increase in revenue, record subscription revenue and ARR, a record high in cash flow, and positive Adjusted EBITDA for the fifth consecutive quarter. The company also increased its revenue and Adjusted EBITDA guidance for the full year and expects to post positive cash flow from operations in the fourth quarter and for the full year.
- Delivered record subscription revenue and ARR.
- Cash flow was at a record high.
- Adjusted EBITDA was positive for the fifth consecutive quarter.
- Increased revenue and Adjusted EBITDA guidance for the full year.
Headline financials
Revenue & EPS history
Kaltura · Revenue · Quarterly
$44.3M
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 expects for the fourth quarter of 2024 subscription Revenue to grow by 2%-4% year-over-year to between $41.8 million and $42.5 million, Total Revenue to grow (decline) by (1)% - 1% year-over-year to between $44.0 million and $44.7 million and Adjusted EBITDA to be in the range of $0.5 million to $1.5 million. For the full year ending December 31, 2024, Kaltura currently expects: Subscription Revenue to grow by 2% year-over-year to between $166.1 million and $166.8 million, Total Revenue to grow by 1% - 2% year-over-year to between $177.1 million and $177.8 million and Adjusted EBITDA to be in the range of $5.1 million to $6.1 million.
Tailwinds
- Subscription Revenue to grow by 2%-4% year-over-year to between $41.8 million and $42.5 million.
- Total Revenue to grow (decline) by (1)% - 1% year-over-year to between $44.0 million and $44.7 million.
- Adjusted EBITDA to be in the range of $0.5 million to $1.5 million.
- Subscription Revenue to grow by 2% year-over-year to between $166.1 million and $166.8 million.
- Total Revenue to grow by 1% - 2% year-over-year to between $177.1 million and $177.8 million.
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 Q3 2024
+1.2%
Avg return
Earnings day
+1.8%
Avg return
5 days after
-4.1%
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% | +2.2% | |
| 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% | |
| Q4 2020 | +9.8% | +4.5% | -7.6% | |
| Q2 2020 | +9.8% | +4.5% | -7.6% | |
| Q2 2021 | +12.1% | +20.6% | -0.6% | |
| Q3 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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