KLTR - Kaltura Non-GAAP EPS of $0.03 beats by $0.08 revenue of $43.27M beats by $0.58M
2023-05-09 07:11:44 ET
- Kaltura press release ( NASDAQ: KLTR ): Q1 Non-GAAP EPS of $0.03 beats by $0.08 .
- Revenue of $43.27M (+3.7% Y/Y) beats by $0.58M .
- Subscription Revenue for the first quarter of 2023 was $40.4 million, an increase of 9% compared to $37.0 million for the first quarter of 2022.
- Annualized Recurring Revenue for the first quarter of 2023 was $159.6 million, an increase of 8% compared to $147.7 million for the first quarter of 2022.
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For the second quarter of 2023, Kaltura expects:
- Subscription Revenue to grow by 5%-7% year-over-year to between $39.9 million and $40.6 million.
- Total Revenue to grow by 2%-4% year-over-year to between $42.8 million and $43.7 million.
- Adjusted EBITDA to be negative in the range of $1.5 million to $2.5 million.
For the full year ending December 31, 2023, Kaltura expects:
- Subscription Revenue to grow by 4%-6% year-over-year to between $158.6 million and $161.7 million.
- Total Revenue to grow by 0%-2% year-over-year to between $168.8 million and $172.2 million.
- Adjusted EBITDA to be negative in the range of $5.0 million to $8.0 million.
For further details see:
Kaltura Non-GAAP EPS of $0.03 beats by $0.08, revenue of $43.27M beats by $0.58M