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

Kaltura (NASDAQ:KLTR) posted its quarterly earnings results on Monday. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $47.27 million for 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 Stock Down 5.9%

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

Wall Street Analyst Weigh In

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

Insider Buying and Selling at Kaltura

In related news, Director Eyal Manor sold 20,795 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $1.58, for a total value of $32,856.10. Following the sale, the director owned 249,965 shares of the company’s stock, valued at approximately $394,944.70. This trade represents a 7.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 152,184 shares of company stock worth $226,477. 16.30% of the stock is currently owned by corporate insiders.

About Kaltura

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.