Loading...
•
Sep 30, 2024
Kaltura Q3 2024 Earnings Report
Announced financial results, achieving record subscription revenue and ARR, positive Adjusted EBITDA, and increased revenue and Adjusted EBITDA guidance for the full year.
Key Takeaways
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.
Revenue by Segment
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.
Positive Outlook
- 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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...