Kaltura, Inc. announced its financial results for the third quarter ended September 30, 2024, reporting record subscription revenue and Annualized Recurring Revenue (ARR). The company achieved $44.3 million in total revenue, representing a 1.7% increase year-over-year.
The third quarter also marked Kaltura's fifth consecutive quarter of positive Adjusted EBITDA and a record high for cash flow from operations. These results demonstrate the company's continued focus on operational efficiency and profitability.
For the fourth quarter of 2024, Kaltura provided guidance expecting subscription revenue between $42.0 million and $42.8 million, and total revenue between $44.5 million and $45.3 million. Adjusted EBITDA is projected to be between $2.5 million and $3.5 million.
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