Kaltura, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 06:30 am EST
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Kaltura, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 43.54 million compared to USD 41.05 million a year ago. Net loss was USD 10.73 million compared to USD 19.44 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.15 a year ago. Diluted loss per share from continuing operations was USD 0.08 compared to USD 0.15 a year ago.
For the nine months, revenue was USD 130.69 million compared to USD 124.75 million a year ago. Net loss was USD 34.3 million compared to USD 53.72 million a year ago. Basic loss per share from continuing operations was USD 0.25 compared to USD 0.41 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. 
