Kaltura (NASDAQ:KLTR) Issues Earnings Results, Beats Expectations By $0.03 EPS

Kaltura (NASDAQ:KLTR) announced its quarterly earnings data on Monday. The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.03, FiscalAI reports. Kaltura had a negative return on equity of 51.05% and a negative net margin of 6.92%. The firm had revenue of $47.27 million during the quarter, compared to analyst estimates of $46.10 million.

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

• Kaltura reported record Q3 revenue of $47.3 million, up 8% year over year, and record subscription revenue of $45.9 million, up 9%. Adjusted EBITDA rose 45% to $6 million, and the company raised its full-year revenue and EBITDA guidance for the third time, now expecting EBITDA to exceed 2025’s $18.6 million.
• Commercial activity strengthened: new subscription bookings more than doubled sequentially, making Q3 the strongest bookings quarter since 2024, with three seven-figure deals. AI offerings featured in 15 transactions totaling about $3.8 million in contract value, while the AI-related pipeline’s assigned potential ACV grew more than 40% to $24 million; management cautioned that these figures include broader deals and do not represent standalone AI bookings.
• Gross churn increased in Q3 due to legacy contracts, and management expects some near-term pressure to continue in Q4. Net dollar retention improved to 97%, and the company expects full-year gross retention to improve versus 2025, but the churn remains a near-term headwind.
• Growth remains uneven: EE&T subscription revenue increased 15% year over year, while M&T subscription revenue declined 7%. Q4 guidance implies slower growth than Q3, with total revenue growth of 1%–3% and subscription revenue growth of 4%–5%.

Kaltura Trading Down 5.9%

Shares of KLTR stock traded down $0.09 on Monday, reaching $1.43. The company had a trading volume of 398,077 shares, compared to its average volume of 494,801. The stock has a market cap of $218.15 million, a PE ratio of -15.89 and a beta of 1.24. The company has a 50-day moving average of $1.41 and a 200-day moving average of $1.40. Kaltura has a 12 month low of $1.05 and a 12 month high of $2.05.

Analysts Set New Price Targets

A number of research firms recently weighed in on KLTR. Weiss Ratings reissued a “sell (e+)” rating on shares of Kaltura in a research note on Friday, September 11th. Wall Street Zen cut shares of Kaltura from a “buy” rating to a “hold” rating in a research note on Sunday. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Kaltura has a consensus rating of “Hold” and an average price target of $3.00.

Insider Transactions at Kaltura

In other Kaltura news, Director Eyal Manor sold 21,638 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $1.53, for a total value of $33,106.14. Following the completion of the sale, the director owned 270,760 shares of the company’s stock, valued at approximately $414,262.80. This represents a 7.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 152,184 shares of company stock worth $226,477 in the last ninety days. 16.30% of the stock is currently owned by insiders.

Kaltura Company Profile

Kaltura, Inc provides cloud-based video technology and software designed to help organizations create, manage, distribute and analyze video content. Its platform serves businesses, educational institutions, media companies and other organizations that use video for communications, collaboration, training, learning and audience engagement.

The company’s offerings include video management and hosting, live and on-demand streaming, virtual events, webinars, video conferencing, virtual classrooms and interactive video experiences.