Kaltura CFO John Doherty sells $89,463 in stock

Published 05/06/2025, 17:46
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John Doherty, the Chief Financial Officer of Kaltura Inc. (NASDAQ:KLTR), a company that has seen its stock surge 119% over the past year according to InvestingPro data, recently sold 40,118 shares of the company’s common stock. The shares were sold at a weighted average price of $2.23, with the transaction amounting to approximately $89,463. This sale was conducted on June 3, 2025, as part of a process to cover taxes and fees related to the settlement of restricted stock unit awards. Following this transaction, Doherty retains direct ownership of 1,494,702 shares of Kaltura. The shares were sold in multiple transactions at prices ranging from $2.20 to $2.26. While currently unprofitable, analysts tracked by InvestingPro expect Kaltura to achieve profitability in 2025, with the $344 million market cap company currently trading slightly above its Fair Value.

In other recent news, Kaltura Inc. reported its first-quarter earnings for 2025, revealing a notable earnings beat with an EPS of $0.02, surpassing the forecast of -$0.0017. The company also exceeded revenue expectations, reporting $47 million against a forecast of $46.04 million. This performance marks Kaltura’s seventh consecutive quarter of adjusted EBITDA profitability, with a gross margin increase to 70% from 65% in the same quarter last year. Despite these strong financial results, Kaltura’s stock experienced a decline in premarket trading, reflecting broader market caution. Additionally, Kaltura announced the launch of new AI-powered tools to enhance its product offerings, which has sparked interest from over 150 customers. Looking ahead, Kaltura maintains its full-year 2025 revenue guidance of $179.9 million to $182.9 million and aims for adjusted EBITDA between $13.5 million and $15.5 million. The company is optimistic about booking improvements in the second half of 2025, with a long-term goal of achieving double-digit revenue growth by 2028.

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