Kaltura, Inc. Provides Earnings Guidance for the First Quarter of 2024 and Full Year Ending December 31, 2024
February 22, 2024 at 07:00 am EST
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Kaltura, Inc. provided earnings guidance for the first quarter of 2024 and full year ending December 31, 2024. For the first quarter of 2024, the company expects subscription revenue to grow (decrease) by (1)%-1% year-over-year to between $39.9 million and $40.6 million. Total revenue expected to grow (decrease) by (1)%-1% year-over-year to between $42.7 million and $43.5 million.
For the full year ending December 31, 2024, the company expects subscription revenue to grow (decrease) by (1)%-1% year-over-year to between $161.2 million and $164.2 million. Total revenue expected to grow (decrease) by (1)%-1% year-over-year to between $173.7 million and $176.7 million.
Kaltura, Inc. is a video technology provider. The Company's segments include Enterprise, Education, and Technology (EE&T) and Media and Telecom (M&T). The EE&T segment represents products related to industry solutions for education customers, and media services (except for M&T customers), as well as associated professional services for those offerings. The M&T segment primarily represents television (TV) solutions and media services sold to media and telecom customers. Its Video Experience Cloud includes products that power digital experiences, such as virtual and hybrid events, webinars, online learning, and content portals for large enterprises and small and medium enterprises, across all industries. Its platform also includes industry-specific solutions for the Education and Media and Telecom industries. For developers, it includes an array of application programming interfaces and developer tools that enable them to build other media workflows, integrations and industry solutions.
KALTURA, INC. 
