NEW YORK, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Kaltura ("Kaltura" or the "Company") (NASDAQ:KLTR), the Video Experience Cloud, today announced the appointment of John Doherty as Chief Financial Officer, effective March 1, 2024, succeeding Yaron Garmazi in the role. Mr. Doherty will join Kaltura on February 1, 2024, and Mr. Garmazi will continue to support him and the Company throughout the second quarter of 2024 as well to provide a smooth transition. Mr. Doherty brings more than three decades of financial and operational experience. Most recently he served as Chief Financial Officer and Chief Operating Officer at Magic Leap, Inc, a private augmented reality device company that has raised

New York, NY, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Kaltura (NASDAQ:KLTR), the Video Experience Cloud, announced today that Eyal Manor, the Chief Product & Engineering Officer at Twilio, has been appointed to the company's Board of Directors. Eyal brings to Kaltura a wealth of knowledge and vast experience in developing and bringing to market successful SaaS products. "Kaltura has long been ideally suited for large enterprises due to its hyper-engaging experiences, robust content management capabilities, and unparalleled flexibility and scalability," said Eyal Manor, the newly appointed member of the Kaltura Board of Directors. "I am excited to join Kaltura particularly to help it evolve its

Gamida Cell Ltd. (NASDAQ:GMDA), an advanced cell therapy company committed to cures for cancer and other serious diseases, today announced the addition of Anat Cohen-Dayag, Ph.D., and Naama Halevi-Davidov, Ph.D., to its Board of Directors as Class II Directors. "We are very excited to be adding these accomplished leaders to our Board as we continue to advance our robust pipeline of advanced cell therapies," said Julian Adams, Ph.D., Chief Executive Officer of Gamida Cell. "Anat and Naama's expertise further strengthens the scientific and financial capabilities on our board, which is crucial to our mission to create cures for people living with serious diseases." Dr. Anat Cohen-Dayag has o

New York, NY, Nov. 19, 2024 (GLOBE NEWSWIRE) --  Kaltura (NASDAQ:KLTR), the Video Experience Cloud, announced in its Connect in Education annual event series the launch of Kaltura Class Genie, a new AI-powered agent that creates hyper-personalized learning experiences for students. Based on each student's preferences, engagement patterns, and past interactions, and drawing exclusively from their institution's trusted knowledge base, Class Genie creates individualized immersive learning resources tailored for personal needs. The Kaltura Class Genie is built to support individualized personalized learning, for both teachers and students. ‘One size fits all' programs rarely meet students' d

NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Kaltura, Inc. ("Kaltura" or the "Company"), the video experience cloud, today announced financial results for the third quarter ended September 30, 2024, as well as outlook for the fourth quarter and full year 2024. "We delivered record subscription revenue and ARR in the third quarter, making it our eighth consecutive quarter of year-over-year revenue growth. Cash flow was at a record high, and Adjusted EBITDA was positive for the fifth consecutive quarter and at its highest level since the second quarter of 2020, fueled by a record gross margin. We also posted a sequential and year-over-year increase in new bookings for the second consecutive

NEW YORK, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Kaltura, Inc. (NASDAQ:KLTR), the video experience cloud, today announced it will release its third quarter financial results for the period ended September 30, 2024, before market open on Wednesday, November 6, 2024. Kaltura will host a conference call to review its third quarter 2024 financial results and discuss its financial outlook. Date:Wednesday, November 6, 2024Time:8:00 a.m. ETUnited States/Canada Toll Free:1-877-407-0789International Toll:+1- 201-689-8562   A live and archived webcast will be available in the Investor Relations section of Kaltura's website at: https://investors.kaltura.com/news-and-events/events About KalturaKaltura's

New York, NY, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Kaltura (NASDAQ:KLTR), the Video Experience Cloud, today announced that it has won Best Video Management Platform in the 2024 Digiday Technology Awards. This year's Digiday Technology Awards recognized leading companies that are using AI tools to enhance personalized experiences across platforms and channels and drive efficiency in marketing and sales operations. Video has become increasingly present and vital for every aspect of marketing, from virtual events and webinars to customer education. More than ever, companies rely on robust and advanced management platforms to maximize the potential of their video content. Kaltura provides live

New York, NY, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Kaltura (NASDAQ:KLTR), the Video Experience Cloud, today announced that it will be showcasing new Generative AI capabilities for streaming services at IBC2024, allowing attendees to experience the future of intelligent streaming television. GenAI enables the production of high-quality content at lower costs while enriching the user experience. Kaltura is extending these capabilities to its Cloud TV platform. Leveraging a broad range of AI models, the features Kaltura will be demonstrating at the conference represent the future of streaming for pay-tv operators, media companies, creators and ultimately their consumers. Kaltura's advanced

New York, NY, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Kaltura (NASDAQ:KLTR), the Video Experience Cloud, today announced that Kaltura Webinars and Events has won Best Overall Event Management Solution Provider in the 7th annual MarTech Breakthrough Awards program conducted by MarTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global marketing, sales and advertising technology industry today.  The win celebrates Kaltura's ongoing innovation in the field of webinars and virtual and hybrid events, most notably with its continued addition and enhancements of AI-powered engagement and personalization tools. Kaltura con

NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Kaltura, Inc. ("Kaltura" or the "Company"), the video experience cloud, today announced financial results for the second quarter ended June 30, 2024, as well as outlook for the third quarter and full year 2024. "We delivered record annualized recurring revenue ("ARR") in the second quarter, making it our seventh consecutive quarter of year-over-year revenue growth, while also posting a sequential and year-over-year increase in new bookings and sustaining the improved gross retention rate we saw in the first quarter. It was also our fourth consecutive quarter of Adjusted EBITDA profitability, and its highest result since the third quarter of 2020

New York, NY, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Kaltura (NASDAQ:KLTR), the Video Experience Cloud, today announced the recipients of the Kaltura Digital Engagement Awards, which were awarded at the Kaltura Connect on the Road event series, and include leading brands such as Salesforce, Adobe, Bloomberg, Bank of America, Netflix, and IBM. The Digital Engagement Awards recognize companies that have demonstrated creative and exceptional use of Kaltura's platform and have expanded the possibilities of digital experiences in the enterprise. The criteria include innovative use of Kaltura's platform, scalability, commitment to user experience, and demonstratable impact. "It's truly inspiring t

NEW YORK, July 15, 2024 (GLOBE NEWSWIRE) -- Kaltura, Inc. (NASDAQ:KLTR), the Video Experience Cloud, today announced it will release its second quarter financial results for the period ended June 30, 2024, before market open on Thursday, August 8, 2024. Kaltura will host a conference call to review its second quarter 2024 financial results and discuss its financial outlook. Date:Thursday, August 8, 2024Time:8:00 a.m. ETUnited States/Canada Toll Free:+1-877-407-0789International Toll:+1-201-689-8562   A live and archived webcast will be available in the Investor Relations section of Kaltura's website at: https://investors.kaltura.com/news-and-events/events About KalturaKaltura's mission i

New York, NY, July 10, 2024 (GLOBE NEWSWIRE) -- Kaltura (NASDAQ:KLTR), the Video Experience Cloud, today released a new report ‘The State of Digital Experiences in Higher Education in 2024', a global survey examining the impact of digital experiences on academic institutions and the evolving digital landscape across departments and schools. Digital and hybrid experiences are playing an increasingly important role for most academic and research departments. The study found that 63% of surveyed higher education professionals are using digital platforms for seminars, workshops, and study groups, 62% for research conferences and symposiums, and 55% for virtual campus tours. Nearly all conten

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NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Kaltura, Inc. ("Kaltura" or the "Company"), the video experience cloud, today announced financial results for the third quarter ended September 30, 2024, as well as outlook for the fourth quarter and full year 2024. "We delivered record subscription revenue and ARR in the third quarter, making it our eighth consecutive quarter of year-over-year revenue growth. Cash flow was at a record high, and Adjusted EBITDA was positive for the fifth consecutive quarter and at its highest level since the second quarter of 2020, fueled by a record gross margin. We also posted a sequential and year-over-year increase in new bookings for the second consecutive

NEW YORK, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Kaltura, Inc. (NASDAQ:KLTR), the video experience cloud, today announced it will release its third quarter financial results for the period ended September 30, 2024, before market open on Wednesday, November 6, 2024. Kaltura will host a conference call to review its third quarter 2024 financial results and discuss its financial outlook. Date:Wednesday, November 6, 2024Time:8:00 a.m. ETUnited States/Canada Toll Free:1-877-407-0789International Toll:+1- 201-689-8562   A live and archived webcast will be available in the Investor Relations section of Kaltura's website at: https://investors.kaltura.com/news-and-events/events About KalturaKaltura's

NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Kaltura, Inc. ("Kaltura" or the "Company"), the video experience cloud, today announced financial results for the second quarter ended June 30, 2024, as well as outlook for the third quarter and full year 2024. "We delivered record annualized recurring revenue ("ARR") in the second quarter, making it our seventh consecutive quarter of year-over-year revenue growth, while also posting a sequential and year-over-year increase in new bookings and sustaining the improved gross retention rate we saw in the first quarter. It was also our fourth consecutive quarter of Adjusted EBITDA profitability, and its highest result since the third quarter of 2020

NEW YORK, July 15, 2024 (GLOBE NEWSWIRE) -- Kaltura, Inc. (NASDAQ:KLTR), the Video Experience Cloud, today announced it will release its second quarter financial results for the period ended June 30, 2024, before market open on Thursday, August 8, 2024. Kaltura will host a conference call to review its second quarter 2024 financial results and discuss its financial outlook. Date:Thursday, August 8, 2024Time:8:00 a.m. ETUnited States/Canada Toll Free:+1-877-407-0789International Toll:+1-201-689-8562   A live and archived webcast will be available in the Investor Relations section of Kaltura's website at: https://investors.kaltura.com/news-and-events/events About KalturaKaltura's mission i

NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Kaltura, Inc. ("Kaltura" or the "Company"), the video experience cloud, today announced financial results for the first quarter ended March 31, 2024, as well as outlook for the second quarter and full year 2024. "We delivered both record total revenues and subscription revenues in the first quarter, making it our sixth consecutive quarter of year-over-year growth. It was also our third consecutive quarter of Adjusted EBITDA profitability with significant year-over-year improvement in cash flows, demonstrating our progress towards achieving positive Adjusted EBITDA and Cash Flow from Operations for the full year of 2024," said

NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- Kaltura (NASDAQ:KLTR), the Video Experience Cloud, today announced it will release its first quarter financial results for the period ended March 31, 2024 before market open on Wednesday, May 8, 2024. Kaltura will host a conference call to review its first quarter 2024 financial results and discuss its financial outlook. Date:   Wednesday, May 8, 2024Time: 8:00 a.m. ETUnited States/Canada Toll Free:+1-877-407-0789International Toll:  +1-201-689-8562 A live and archived webcast will be available in the Investor Relations section of Kaltura's website at: https://investors.kaltura.com/news-and-events/events About KalturaKaltura's mission is to po

NEW YORK, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Kaltura (NASDAQ:KLTR), the Video Experience Cloud, today announced it will release its fourth quarter and full-year financial results for the period ended December 31, 2023 before market open on Thursday, February 22, 2024. Kaltura will host a conference call to review its fourth quarter and full year 2023 financial results and discuss its financial outlook. Date:   Thursday, February 22, 2024Time: 8:00 a.m. ETUnited States/Canada Toll-Free:+1-877-407-0789International Toll:  +1-201-689-8562 A live and archived webcast will be available in the Investor Relations section of Kaltura's website at: https://investors.kaltura.com/news-and-events/event

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Kaltura, Inc. ("Kaltura" or the "Company"), the video experience cloud, today announced financial results for the third quarter ended September 30, 2023, as well as outlook for the fourth quarter and full year 2023. "This quarter, for the fourth quarter in a row, we posted record subscription revenue, and our year-over-year total revenue growth rate was the highest since the first quarter of 2022. We are also pleased to share that our focused efforts on returning to profitability have borne fruit, and that we achieved this quarter adjusted EBITDA profits for the first time since 2020, as well as positive cash flow from operations. We are slightl

NEW YORK, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Kaltura (NASDAQ:KLTR), the Video Experience Cloud, today announced it will release its third quarter financial results for the period ended September 30, 2023 before market open on Wednesday, November 8, 2023. Kaltura will host a conference call to review its third quarter 2023 financial results and discuss its financial outlook. Date:Wednesday, November 8, 2023Time:8:00 a.m. ETUnited States/Canada Toll Free:1-877-300-8521International Toll:+1-412-317-6026 A live and archived webcast will be available in the Investor Relations section of Kaltura's website at: https://investors.kaltura.com/news-and-events/events About KalturaKaltura's mission is

NEW YORK, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Kaltura, Inc. ("Kaltura" or the "Company"), the video experience cloud, today announced financial results for the second quarter ended June 30, 2023, as well as outlook for the third quarter and full year 2023. "We are progressing towards our goal to return to profitable growth. This quarter we again posted record subscription revenue and our year-over-year total revenue growth rate was the highest since the first quarter of 2022. We also posted our lowest Adjusted EBITDA loss in eight quarters and are reaffirming our plans to achieve a positive Adjusted EBITDA in 2024," said Ron Yekutiel, Kaltura Co-founder, Chairman and CEO. "We continue t

Wells Fargo downgraded Kaltura from Equal Weight to Underweight and set a new price target of $1.50 from $2.00 previously

BofA Securities downgraded Kaltura from Neutral to Underperform and set a new price target of $1.75 from $2.75 previously

KeyBanc Capital Markets initiated coverage of Kaltura with a rating of Sector Weight

Deutsche Bank reiterated coverage of Kaltura with a rating of Hold and set a new price target of $2.50 from $5.50 previously

Keybanc reiterated coverage of Kaltura with a rating of Overweight and set a new price target of $3.00 from $7.00 previously

Needham reiterated coverage of Kaltura with a rating of Buy and set a new price target of $8.00 from $15.00 previously

BofA Securities downgraded Kaltura from Buy to Neutral and set a new price target of $3.00 from $12.00 previously

Oppenheimer downgraded Kaltura from Outperform to Perform

Keybanc reiterated coverage of Kaltura with a rating of Overweight and set a new price target of $7.00 from $14.00 previously

Goldman Sachs initiated coverage of Kaltura with a rating of Neutral and set a new price target of $5.25

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