Kaltura Inc
NASDAQ:KLTR
Kaltura Inc
Kaltura, Inc. develops cloud television, education video platform, and enterprise video platform services. The company is headquartered in New York City, New York and currently employs 758 full-time employees. The company went IPO on 2021-04-01. The firm offers both an array of out-of-the-box video products for various industries, as well as a modular application program interface (API)-based video platform for developers, partners and customers that are looking to create their own custom video products. The firm's products include Communication and Collaboration, Virtual Events, video content management, media and telecom, education, and developer platform. Its Communication and Collaboration provides video solutions for enterprise video needs, such as meetings, webinars, townhalls, video portal, video messaging, and podcasts. Its Virtual Events provides industry trade shows, marketing events, and training and recruiting events. Video content management includes content creation, management publishing, and distribution and analytics. Education Video Solutions for educational institutions and educational-technology companies.
Kaltura, Inc. develops cloud television, education video platform, and enterprise video platform services. The company is headquartered in New York City, New York and currently employs 758 full-time employees. The company went IPO on 2021-04-01. The firm offers both an array of out-of-the-box video products for various industries, as well as a modular application program interface (API)-based video platform for developers, partners and customers that are looking to create their own custom video products. The firm's products include Communication and Collaboration, Virtual Events, video content management, media and telecom, education, and developer platform. Its Communication and Collaboration provides video solutions for enterprise video needs, such as meetings, webinars, townhalls, video portal, video messaging, and podcasts. Its Virtual Events provides industry trade shows, marketing events, and training and recruiting events. Video content management includes content creation, management publishing, and distribution and analytics. Education Video Solutions for educational institutions and educational-technology companies.
Revenue Beat: Kaltura reported Q3 total revenue of $43.9 million, surpassing the high end of its guidance.
Profitability: Achieved record adjusted EBITDA of $4.2 million, marking the ninth straight quarter of adjusted EBITDA profitability.
AI Acquisition: Announced acquisition of eSelf.ai, a GenAI lab, for up to $27 million to accelerate immersive AI virtual agent offerings.
Share Buyback: Repurchased 14.4 million shares from Goldman Sachs at a 25% discount to VWAP, reducing outstanding shares and increasing shareholder value.
Guidance Raised: Raised full-year adjusted EBITDA guidance for the third time, now expecting $16.6–$17.6 million in 2025.
Outlook: Forecasts sequential revenue growth in Q4 and continued strong cash flow, with a healthy pipeline for AI deals and improved retention rates.
