Kaltura, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 22, 2024 at 07:00 am EST
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Kaltura, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 44.48 million compared to USD 44.07 million a year ago. Net loss was USD 12.07 million compared to USD 14.78 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.11 a year ago. Diluted loss per share from continuing operations was USD 0.09 compared to USD 0.11 a year ago.
For the full year, the company reported revenue was USD 175.17 million compared to USD 168.81 million a year ago. Net loss was USD 46.37 million compared to USD 68.5 million a year ago. Basic loss per share from continuing operations was USD 0.34 compared to USD 0.53 a year ago. Diluted loss per share from continuing operations was USD 0.34 compared to USD 0.53 a year ago.
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. 
