Kaltura, Inc. ( (KLTR) ) has released its Q2 earnings. Here is a breakdown of the information Kaltura, Inc. presented to its investors.
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Kaltura, Inc., a company specializing in AI-infused video experiences, operates within the technology sector, offering a platform for enterprise and TV content management among other video-first products. In its latest earnings report for the second quarter of 2025, Kaltura reported exceeding its guidance ranges with record non-GAAP net profit and strong operating cash flow, driven by increased bookings and the introduction of AI products. The company also announced a reorganization plan aimed at boosting efficiency, including a 10% workforce reduction, as part of its strategy to double adjusted EBITDA by 2026.
Key financial highlights for the quarter include a revenue increase to $44.5 million, a 3% rise in subscription revenue, and a 3% increase in annualized recurring revenue. Kaltura also reported a significant improvement in its non-GAAP operating profit and adjusted EBITDA compared to the previous year. The company closed 21 new six-figure deals and achieved recognition for its AI-enabled video platforms, signaling strong business momentum and customer retention.
Kaltura’s reorganization efforts are expected to yield cost savings, with a projected $2.6 million in savings for the remainder of 2025. The company remains focused on maintaining its sales and marketing budget to support pipeline growth, while ongoing investments in automation and AI-driven efficiency are anticipated to enhance scalability and cost-effectiveness.
Looking ahead, Kaltura projects continued growth in new bookings and expects its subscription revenue for the third quarter to be between $40.8 million and $41.6 million. The company remains optimistic about its long-term growth prospects, driven by deeper customer consolidation and the adoption of its AI-powered offerings.