Kaltura, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 02, 2023 at 07:05 am EDT
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Kaltura, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 43.88 million compared to USD 41.98 million a year ago. Net loss was USD 10.78 million compared to USD 17.35 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.13 a year ago. Diluted loss per share from continuing operations was USD 0.08 compared to USD 0.13 a year ago.
For the six months, revenue was USD 87.15 million compared to USD 83.69 million a year ago. Net loss was USD 23.57 million compared to USD 34.27 million a year ago. Basic loss per share from continuing operations was USD 0.17 compared to USD 0.27 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. 
