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Jun 30, 2024
Kaltura Q2 2024 Earnings Report
Announced financial results, delivering record ARR and increased new bookings, while sustaining improved gross retention and achieving adjusted EBITDA profitability.
Key Takeaways
Kaltura reported a slight increase in revenue for Q2 2024, with subscription revenue and ARR also showing growth. The company achieved GAAP gross profit and margin consistent with the previous year, while improving GAAP operating loss and net loss. Adjusted EBITDA was positive, and the company is raising its revenue and adjusted EBITDA guidance for the full year.
Delivered record annualized recurring revenue (ARR) for the second quarter.
Posted a sequential and year-over-year increase in new bookings.
Sustained the improved gross retention rate seen in the first quarter.
Achieved its fourth consecutive quarter of Adjusted EBITDA profitability.
Revenue by Segment
Forward Guidance
Kaltura expects subscription revenue to grow (decline) by (1)%-1% year-over-year to between $40.5 million and $41.2 million. Total Revenue to be flat to down 2% year-over-year to between $42.6 million and $43.3 million. Adjusted EBITDA to be in the range of negative $0.3 million to $0.7 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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