Kaltura (NASDAQ:KLTR) Issues Quarterly Earnings Results

Kaltura (NASDAQ:KLTR) announced its earnings results on Monday. The company reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.03, FiscalAI reports. The company had revenue of $47.27 million during the quarter, compared to analysts’ expectations of $46.10 million. Kaltura had a negative net margin of 6.92% and a negative return on equity of 51.05%.

Here are the key takeaways from Kaltura’s conference call:

• Kaltura reported record Q3 revenue of $47.3 million, up 8% year over year, and record subscription revenue of $45.9 million, up 9%. Adjusted EBITDA rose 45% to $6 million, and the company raised its full-year revenue and EBITDA guidance for the third time, now expecting EBITDA to exceed 2025’s $18.6 million.
• Commercial activity strengthened: new subscription bookings more than doubled sequentially, making Q3 the strongest bookings quarter since 2024, with three seven-figure deals. AI offerings featured in 15 transactions totaling about $3.8 million in contract value, while the AI-related pipeline’s assigned potential ACV grew more than 40% to $24 million; management cautioned that these figures include broader deals and do not represent standalone AI bookings.
• Gross churn increased in Q3 due to legacy contracts, and management expects some near-term pressure to continue in Q4. Net dollar retention improved to 97%, and the company expects full-year gross retention to improve versus 2025, but the churn remains a near-term headwind.
• Growth remains uneven: EE&T subscription revenue increased 15% year over year, while M&T subscription revenue declined 7%. Q4 guidance implies slower growth than Q3, with total revenue growth of 1%–3% and subscription revenue growth of 4%–5%.

Kaltura Trading Up 2.4%

Shares of NASDAQ:KLTR opened at $1.47 on Tuesday. The business’s 50 day moving average is $1.41 and its 200-day moving average is $1.40. The firm has a market capitalization of $223.49 million, a PE ratio of -16.33 and a beta of 1.24. Kaltura has a 1-year low of $1.05 and a 1-year high of $2.05.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Wall Street Zen downgraded Kaltura from a “buy” rating to a “hold” rating in a report on Sunday. Weiss Ratings restated a “sell (e+)” rating on shares of Kaltura in a research note on Friday, September 11th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $3.00.

Insider Activity

In other Kaltura news, Director Eyal Manor sold 20,795 shares of Kaltura stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $1.58, for a total value of $32,856.10. Following the completion of the transaction, the director owned 249,965 shares in the company, valued at approximately $394,944.70. The trade was a 7.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders have sold 152,184 shares of company stock worth $226,477. Company insiders own 16.30% of the company’s stock.

About Kaltura

Kaltura, Inc provides cloud-based video technology and software designed to help organizations create, manage, distribute and analyze video content. Its platform serves businesses, educational institutions, media companies and other organizations that use video for communications, collaboration, training, learning and audience engagement.

The company’s offerings include video management and hosting, live and on-demand streaming, virtual events, webinars, video conferencing, virtual classrooms and interactive video experiences.