Kaltura (NASDAQ:KLTR) Releases Earnings Results

Kaltura (NASDAQ:KLTR) released its earnings results on Monday. The company reported $0.01 EPS for the quarter, FiscalAI reports. The firm had revenue of $44.63 million for the quarter, compared to analysts’ expectations of $43.00 million. Kaltura had a negative return on equity of 21.39% and a negative net margin of 6.68%.

Here are the key takeaways from Kaltura’s conference call:

• Beat guidance and delivered stronger profitability: Q1 revenue of $44.6M and adjusted EBITDA of $5.7M (up 37% YoY) exceeded the high end of guidance, and the company recorded positive operating cash flow for the first time in a Q1.
• Product and M&A expansion to build an AI-powered platform: Kaltura closed the PathFactory acquisition, launched eSelf-based avatar products (Avatar Video Production Studio GA, conversational avatars), and earned ISO/IEC 42001 AI certification, with management expecting new-product revenue to begin in H2 2026 and be more meaningful in 2027.
• Top-line and retention headwinds persist: Total revenue and ARR declined year-over-year, net dollar retention fell to 95% (from 107% a year ago) largely due to Media & Telecom churn, and M&T revenue was down 17%, with only modest full-year growth guidance for 2026.
• Early commercial traction shows a “few dozen” POCs across customer, employee, learner and audience journeys and a broader buyer base beyond IT, but sales cycles remain long and management expects most scale to occur later (H2 2026/2027), leaving near-term impact uncertain.

Kaltura Trading Down 1.4%

Shares of NASDAQ KLTR traded down $0.02 during trading hours on Monday, reaching $1.36. The stock had a trading volume of 747,773 shares, compared to its average volume of 578,878. The firm has a market cap of $204.52 million, a price-to-earnings ratio of -17.00 and a beta of 1.11. The business’s fifty day moving average price is $1.28 and its two-hundred day moving average price is $1.46. Kaltura has a 52-week low of $1.06 and a 52-week high of $2.33.

Insider Transactions at Kaltura

In other news, CEO Ron Yekutiel purchased 40,000 shares of the stock in a transaction that occurred on Tuesday, March 24th. The stock was purchased at an average price of $1.24 per share, for a total transaction of $49,600.00. Following the completion of the acquisition, the chief executive officer owned 15,095,748 shares of the company’s stock, valued at approximately $18,718,727.52. This trade represents a 0.27% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Richard Levandov purchased 40,000 shares of the stock in a transaction that occurred on Monday, March 23rd. The stock was purchased at an average price of $1.22 per share, with a total value of $48,800.00. Following the acquisition, the director directly owned 489,706 shares of the company’s stock, valued at $597,441.32. This trade represents a 8.89% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders have bought 223,125 shares of company stock worth $266,523 and have sold 326,075 shares worth $411,713. Company insiders own 13.50% of the company’s stock.

Institutional Trading of Kaltura

Large investors have recently modified their holdings of the company. Invesco Ltd. boosted its holdings in shares of Kaltura by 21.4% in the second quarter. Invesco Ltd. now owns 46,288 shares of the company’s stock valued at $93,000 after purchasing an additional 8,157 shares during the period. Jane Street Group LLC purchased a new stake in shares of Kaltura in the first quarter valued at approximately $90,000. Mackenzie Financial Corp purchased a new stake in shares of Kaltura in the fourth quarter valued at approximately $81,000. Hsbc Holdings PLC boosted its holdings in shares of Kaltura by 27.9% in the fourth quarter. Hsbc Holdings PLC now owns 40,763 shares of the company’s stock valued at $67,000 after purchasing an additional 8,901 shares during the period. Finally, Brevan Howard Capital Management LP lifted its holdings in Kaltura by 96.7% during the second quarter. Brevan Howard Capital Management LP now owns 31,760 shares of the company’s stock worth $64,000 after buying an additional 15,614 shares during the period. Hedge funds and other institutional investors own 30.79% of the company’s stock.

Analyst Upgrades and Downgrades

KLTR has been the topic of a number of analyst reports. Wall Street Zen cut Kaltura from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Needham & Company LLC reaffirmed a “buy” rating and set a $3.00 target price on shares of Kaltura in a research note on Tuesday, March 17th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Kaltura presently has a consensus rating of “Hold” and a consensus target price of $3.00.

About Kaltura

Kaltura, Inc (NASDAQ: KLTR) is a leading provider of video technology solutions designed to empower organizations to create, manage, distribute and monetize video content at scale. The company’s cloud-native platform supports an array of use cases including enterprise communications, online learning, virtual events, media delivery and over-the-top (OTT) television services. By combining open-source roots with software-as-a-service (SaaS) flexibility, Kaltura offers organizations the ability to tailor their video workflows and integrate seamlessly with existing collaboration, learning management and content management systems.

Key offerings from Kaltura include a comprehensive video management system, live streaming and video conferencing capabilities, lecture capture for educational institutions, virtual events and webinars, and turnkey OTT solutions.