Kaltura Announces Financial Results for First Quarter 2023
NEW YORK, May 09, 2023 (GLOBE NEWSWIRE) -- Kaltura, Inc. (“Kaltura” or the “Company”), the video experience cloud, today announced financial results for the first quarter ended March 31, 2023, as well as outlook for the second quarter and full year 2023.
- NEW YORK, May 09, 2023 (GLOBE NEWSWIRE) -- Kaltura, Inc. (“Kaltura” or the “Company”), the video experience cloud, today announced financial results for the first quarter ended March 31, 2023, as well as outlook for the second quarter and full year 2023.
- First Quarter 2023 Financial Highlights:
Revenue for the first quarter of 2023 was $43.3 million, an increase of 4% compared to $41.7 million for the first quarter of 2022. - Subscription Revenue for the first quarter of 2023 was $40.4 million, an increase of 9% compared to $37.0 million for the first quarter of 2022.
- Kaltura will host a conference call today on May 9, 2023 to review its first quarter 2023 financial results and to discuss its financial outlook.