Kaltura reported record-high total revenues in Q4 2023, marking the fifth consecutive quarter of year-over-year growth. The company also achieved increased subscription revenue growth and positive cash flow from operations. Kaltura achieved and surpassed original revenue and Adjusted EBITDA guidance for the year.
Posted record-high total revenues in the fourth quarter, marking the fifth consecutive quarter of year-over-year growth.
Increased year-over-year subscription revenue growth rate.
Achieved second consecutive quarter of Adjusted EBITDA profitability and of positive cash flow from operations, both for the first time since 2020.
Achieved and surpassed original revenue and Adjusted EBITDA guidance for the year.
For the first quarter of 2024, Kaltura expects: Subscription Revenue to grow (decrease) by (1)%-1% year-over-year to between $39.9 million and $40.6 million. Total Revenue to grow (decrease) by (1)%-1% year-over-year to between $42.7 million and $43.5 million. Adjusted EBITDA to be in the range of $(0.5) million to $0.3 million. For the full year ending December 31, 2024, Kaltura expects: Subscription Revenue to grow (decrease) by (1)%-1% year-over-year to between $161.2 million and $164.2 million. Total Revenue to grow (decrease) by (1)%-1% year-over-year to between $173.7 million and $176.7 million. Adjusted EBITDA to be in the range of $0 million to $1 million.
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