Kaltura's Q4 2021 revenue increased by 21% year-over-year to $42.7 million, with subscription revenue growing by 33% to $38.5 million. The company introduced new product enhancements and experienced a GAAP operating loss of $12.4 million.
Revenue for the fourth quarter of 2021 was $42.7 million, an increase of 21% compared to the fourth quarter of 2020.
Subscription revenue for the fourth quarter of 2021 was $38.5 million, an increase of 33% compared to the fourth quarter of 2020.
GAAP Gross profit for the fourth quarter of 2021 was $26.8 million, representing a gross margin of 63%.
GAAP Net loss was $15.9 million or $0.12 per diluted share for the fourth quarter of 2021.
For the first quarter of 2022, Kaltura currently expects Subscription Revenue to grow by 12%-15% year-over-year to between $36.2 million and $37.2 million and Total Revenue to grow by 5%-8% year-over-year to between $39.6 million and $40.7 million.
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