Kaltura, Inc. (KLTR) Tops Q2 EPS by 2c, Offers Guidance

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Kaltura Announces Financial Results for Second Quarter 2022

August 9, 2022 7:00 AM EDT

NEW YORK, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Kaltura, Inc. (Kaltura or the Company), the video experience cloud, today announced financial results for the second quarter ended June 30, 2022, as well as outlook for the third quarter and full year 2022.

Demand and operating performance in the second quarter came in as expected including closing important deals with the recently launched event platform and seeing leading indicators such as conversion of longer sales cycle deals, salesforce productivity, and new subscription bookings, which we believe support an expected return to growth in the fourth quarter, said Ron Yekutiel, Co-founder, Chairman and Chief... More