Kaltura, Inc. Reports Net Loss of $23.6 Million in Q2 2023 Financial Results

Kaltura, Inc.(KLTR), a leading video tec hnology provider, recently released its financial statements for the second quarter of 2023, revealing a mixed performance. While the company achieved a significant revenue of $87.2 million during the period, it also reported a net loss of $23.6 million. Let's delve deeper into the financial data to gain a better understanding of the company's position.**

Revenue Highlights

During the three months ended June 30, 2023, Kaltura generated total revenue of $43.9 million, representing an increase from $42.0 million in the same period last year. The company's subscription revenue accounted for the majority, reaching $40.7 million, whereas professional services contributed $3.2 million.

Over the six-month period ended June 30, 2023, the company's total revenue amounted to $87.2 million, compared to $83.7 million in the corresponding period in 2022.