Recently honored by AWS as a top Vertical Technology Partner of the Year, Kaltura will leverage itscutting-edge video technology alongside powerful AWS AI and cloud capabilities, with Kaltura and AWS investing in joint innovation, marketing and co-selling initiatives.New York, March 13, 2025 (GLOBE NEWSWIRE) -- Kaltura (Nasdaq: KLTR), the Video Experience Cloud, today announced that it has signed a two-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS), the world’s most comprehens ...

NEW YORK, March 06, 2025 (GLOBE NEWSWIRE) -- Kaltura (Nasdaq: KLTR), the Video Experience Cloud, today announced that it will host its 2025 Investor Event on Wednesday, March 12, 2025. The event will feature executive presentations outlining the Company's business, strategic vision, product innovation, and financial performance, and showcasing Kaltura’s AI-infused Video Experiences platform. The day's session will include presentations from key members of Kaltura’s leadership team including Co-Founder, Cha ...

Core Insights - Kaltura has launched the TV Genie, an AI-infused platform designed to enhance entertainment experiences for live and on-demand streaming, with over 50 companies participating in its beta-release program [1][5]. Group 1: Product Features - TV Genie offers hyper-personalized viewing experiences, enabling media and telecommunications companies to enhance audience engagement and streamline operations through content enrichment and automation [2][4]. - The platform transforms content searches into instant recommendations based on various parameters, real-time viewer feedback, and mood, while also providing accessibility through automatic translation and advanced navigation features [3][4]. - TV Genie allows content editors to create short-form videos and textual summaries from long-form content, optimizing it for diverse viewer preferences and simplifying the curation process [4][7]. Group 2: Market Impact - The introduction of AI in video production and viewing is expected to significantly increase viewer engagement and monetization, while reducing operational complexities and costs for companies [5][7]. - Kaltura's TV Genie is part of a broader trend where companies are becoming media entities, leveraging AI to enhance their content offerings and viewer experiences [5][6]. Group 3: Beta Program Participation - Over 50 organizations, including large enterprises and educational institutions, are involved in the Genie Series' beta program, with notable participants like Reshet 13, which utilizes TV Genie for producing concise news segments [5][6]. - Reshet 13 reports that the use of TV Genie has improved their content repurposing capabilities, leading to increased viewership and engagement rates [6].

Kaltura, Inc. (NASDAQ:KLTR) Q4 2024 Earnings Conference Call February 20, 2024 8:00 AM ET Company Participants Erica Mannion - IR Ron Yekutiel - Co-Founder, Chairman, President and CEO John Doherty - CFO Conference Call Participants Richard Poland - Wells Fargo Gabriela Borges - Goldman Sachs Austin Cole - Citizens Matt Cavanagh - Needham & Company Operator Good morning everyone and welcome to the Kaltura Fourth Quarter and Full Year 2024 Conference Call. All material contained in the webcast is the sole pr ...

Kaltura (KLTR) Q4 2024 Earnings Call February 20, 2025 05:59 PM ET Company Participants Erica Mannion - Partner & FounderRon Yekutiel - Co-Founder, Chairman, President & CEOJohn Doherty - Chief Financial OfficerAustin Cole - Software Equity Research AssociateMatt Cavanagh - Equity Research Associate Conference Call Participants Richard Poland - AnalystGabriela Borges - Analyst Operator Good morning, everyone, and welcome to the Kaltura Fourth Quarter and Full Year twenty twenty four Earnings Call. All mater ...

Business Overview - Kaltura serves approximately 24% of the top 50 financial services and insurance institutions and 6 out of the 10 largest pharma and healthcare providers globally[64]. - The company serves customers in 53 countries, with key markets including the United States, United Kingdom, Germany, and France[92]. - Enterprise customers, defined as those with over 5,000 employees or paying more than $60,000 in annual recurring revenue, represented over 96% of subscription revenue in 2024[93]. - The company employs a direct sales strategy, focusing on long-term relationships with enterprise customers and supported by customer success managers[94]. - The partner ecosystem is expected to expand in 2025, enhancing customer satisfaction and retention through integrated solutions[87]. Financial Performance - Total revenue for 2024 reached $178.7 million, a 2.9% increase from $175.2 million in 2023[519]. - Subscription revenue increased to $167.7 million in 2024, up from $162.8 million in 2023, representing a 5.6% growth[519]. - Gross profit for 2024 was $119.1 million, compared to $112.2 million in 2023, reflecting a 6.5% increase[519]. - Operating loss decreased to $24.1 million in 2024 from $38.7 million in 2023, showing a 37.8% improvement[519]. - Net loss for 2024 was $31.3 million, down from $46.4 million in 2023, indicating a 32.5% reduction[521]. - Total stockholders' equity as of December 31, 2024, was $24.4 million, a decrease from $30.3 million in 2023[516]. - Research and development expenses for 2024 were $49.4 million, down from $52.4 million in 2023, a 5.7% decrease[519]. - The company reported a comprehensive loss of $31.4 million in 2024, compared to $45.0 million in 2023, a 30.3% improvement[521]. - Net cash provided by operating activities for 2024 was $12,233 thousand, compared to a net cash used of $(8,303) thousand in 2023, marking a turnaround in cash flow performance[526]. Product and Service Offerings - Kaltura plans to expand its product offerings, including the introduction of Gen AI capabilities expected to impact revenues in 2025[64]. - Kaltura's Video Content Management System (VCMS) supports the entire lifecycle of video content, including creation, storage, and analytics, designed for enterprise-grade environments[71]. - The TV Content Management System (TVCMS) offers scalable, cloud-native solutions for on-demand and live-linear TV services, supporting various monetization models[74]. - Kaltura's Video Portal integrates with corporate systems to provide secure, customizable user experiences for internal and customer-facing communication[76]. - The LMS & CMS Video Extensions streamline video integration into existing platforms, enhancing productivity and user engagement in both academic and corporate settings[76]. - Kaltura's Virtual Events & Webinars solution includes advanced security, customizable design, and analytics to measure audience engagement and ROI[76]. - The Virtual Classroom solution supports various educational formats and includes features like automated captioning and transcription to improve accessibility[78]. - TV Streaming Apps provide personalized viewing experiences and support multiple monetization models, including subscription and ad-supported options[78]. - The Gen AI-Powered Content Lab allows organizations to automate video content transformation, enhancing engagement and discoverability[78]. - The company aims to refine and expand its Gen AI solutions in response to market demands, although future adoption levels and financial impacts remain uncertain[80]. - The Gen AI-Powered 'Work Genie' and 'Class Genie' are designed to deliver hyper-personalized insights and learning experiences, respectively, while maintaining data security[83]. Market Strategy and Expansion - The company is pursuing market expansion by targeting SMEs and introducing new industry solutions for financial services and healthcare markets[64]. - Kaltura's marketing efforts include digital campaigns and free trials to enhance product engagement and expedite the sales cycle[96]. - The company has established strategic partnerships with top tech firms to expand channel sales and co-sell initiatives[95]. Assets and Liabilities - As of December 31, 2024, Kaltura, Inc. had total assets of $181.3 million, a decrease from $183.7 million in 2023[514]. - The company reported cash and cash equivalents of $33.1 million, down from $36.7 million in the previous year[514]. - Kaltura's total current liabilities increased to $101.7 million in 2024 from $99.9 million in 2023[514]. - The company had outstanding floating rate debt obligations of $32.3 million as of December 31, 2024[502]. - The company had a total of $4,085 million in prepaid expenses as of December 31, 2024, an increase from $2,656 million in 2023, representing a growth of 53.6%[644]. Stock and Equity - The number of shares outstanding increased to 152,057,148 as of December 31, 2024, from 142,588,917 in 2023[516]. - Additional paid-in capital rose to $500.0 million in 2024, up from $471.6 million in 2023, reflecting a 6.0% increase[516]. - The company repurchased common stock amounting to $(2,920) thousand in 2024, indicating a commitment to returning value to shareholders[526]. Currency and Foreign Exchange - A hypothetical 10% change in foreign currency exchange rates would have impacted Kaltura's results by $1.4 million due to NIS and $5.1 million due to Euros for the year ended December 31, 2024[501]. - The company reported cash equivalents of $12,212 million as of December 31, 2024, down from $18,745 million in 2023, a decrease of 34.6%[632]. - The fair value of outstanding foreign currency contracts was recorded as an asset of $960 million and a liability of $24 million as of December 31, 2024[635]. Operating Leases - The total operating lease payments due as of December 31, 2024, amounted to $19,945 million, with total operating lease liabilities recorded at $17,767 million[639]. - The company recorded a total operating lease cost of $2,697 million for the year ended December 31, 2024, compared to $2,875 million in 2023, reflecting a decrease of 6.2%[637]. - The total cash paid for operating leases was $3,906 million for the year ended December 31, 2024, compared to $3,353 million in 2023, an increase of 16.4%[637].

Exhibit 99.1 Kaltura Announces Financial Results for Fourth Quarter and Full Year 2024 NEW YORK, February 20, 2025 -- Kaltura, Inc. ("Kaltura" or the "Company"), the video experience cloud, today announced financial results for the fourth quarter and full year ended December 31, 2024, as well as outlook for first quarter and full year 2025. "We surpassed our guidance for the fourth quarter, delivering record total and subscription revenue, as well as the highest Adjusted EBITDA since the second quarter of 2 ...

NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Kaltura, Inc. (“Kaltura” or the “Company”), the video experience cloud, today announced financial results for the fourth quarter and full year ended December 31, 2024, as well as outlook for first quarter and full year 2025. “We surpassed our guidance for the fourth quarter, delivering record total and subscription revenue, as well as the highest Adjusted EBITDA since the second quarter of 2020, fueled by record high gross margin. We also posted sequential and yea ...

New York, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Kaltura (Nasdaq: KLTR), the Video Experience Cloud, today announced that it has been recognized as a Representative Vendor in the Gartner Market Guide for Meeting Solutions.     Kaltura’s AI-infused, real-time-conferencing experience component, Kaltura Room, powers a wide array of synchronous meeting experiences, from marketing, sales, and customer success to teaching, learning, training, certification, corporate communication, collaboration, and more. Kaltura Roo ...

NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Kaltura (Nasdaq: KLTR), the Video Experience Cloud, today announced it will release its fourth quarter and full-year financial results for the period ended December 31, 2024, before market open on Thursday, February 20, 2025. Kaltura will host a conference call to review its fourth quarter and full year 2024 financial results and discuss its financial outlook. Date:Thursday, February 20, 2025Time:8:00 a.m. ETUnited States/Canada Toll Free:1-877-407-0789Internation ...