KLTR Earnings Prediction
The chart below shows how KLTR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, KLTR sees a +18.04% change in stock price 10 days leading up to the earnings, and a -4.80% change 10 days following the report. On the earnings day itself, the stock moves by -6.01%. This data can give you a slight idea of what to expect for the next quarter's release.
KLTR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
44.30M
1.73%
0.60%
Gross Margin
66.69%
4.84%
2.40%
Operating Margin
-10.08%
-47.17%
-48.09%
Net Margin
-8.15%
-66.91%
-64.13%
EPS
-0.02
-75.00%
-71.43%
No Data Available
KLTR Earnings Analysis
Kaltura, Inc. Common Stock Corporation (KLTR.O) Earnings Conference Call
Positive
Q3 Revenue Performance: Total revenue for the third quarter of 2024 was $44.3 million, up 2% year-over-year, and above the high end of our guidance range of $42.6 million to $43.3 million.
Subscription Revenue Increase: Subscription revenue was $42.1 million, up 3% year-over-year, also above the high end of our guidance range of $40.5 million to $41.2 million.
Record ARR and RPO: We posted a record ARR for the second consecutive quarter, as well as a record RPO.
Record Cash Flow Growth: In the third quarter, we generated a record cash flow from operations of $10.7 million, a significant improvement from $1.7 million in the third quarter of 2023.
Adjusted EBITDA Milestone: We posted adjusted EBITDA of $2.4 million, representing our fifth consecutive quarter of adjusted EBITDA profitability, and the highest results since the second quarter of 2020.
Negative
Q3 Revenue Performance: Total revenue for the third quarter of 2024 was $44.3 million, up 2% year-over-year, but this is below the high end of our guidance range of $42.6 million to $43.3 million.
Professional Services Revenue Decline: Professional services revenue contributed $2.2 million for the quarter and was down 18% year-over-year, consistent with the expected trends we discussed on the second quarter earnings call.
Operating Expenses Reduction: Total operating expenses in the quarter were $34 million, compared to $36 million in Q3 2023, indicating a reduction of 6% year-over-year, but still reflecting pressure on overall profitability.
Quarterly Net Loss Improvement: GAAP net loss for the quarter was $3.6 million or $0.02 per diluted share, which is an improvement of $7.1 million year-over-year, but still indicates ongoing financial challenges.
Quarterly Adjusted EBITDA Increase: Adjusted EBITDA for the quarter was $2.4 million, an increase of $2.1 million from $0.3 million in Q3 2023, but this still reflects a struggle to achieve consistent profitability.
KLTR FAQs
How does KLTR typically perform around its earnings report dates?
Is Kaltura, Inc. (KLTR) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
KLTR Earning Call Sentiment
Kaltura, Inc. (KLTR) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
KLTR.O
-1.07%Positive
The earnings call reflects a positive sentiment with strong financial performance, improved guidance, and strategic leadership changes. Despite some concerns like payment delays and vague management responses, the overall outlook is optimistic with record ARR, improved cash flow, and increased EBITDA guidance. The Q&A section supports this with a focus on growth and profitability, and the absence of major risks. These factors, along with the potential for sustained shareholder returns, suggest a positive stock price movement over the next two weeks.
