Earnings Call Insights: Kaltura (KLTR) Q1 2026 Management View CEO Ron Yekutiel said the company “delivered a strong start to 2026,” citing outperformance versus the company’s own targets and “for the first time in our history, positive cash flow from operations in a first quarter,” while noting “total revenue was $44.6 million, down 5% year-over-year,” and “adjusted EBITDA was $5.7 million, up 37...
Earnings Call Insights: Kaltura (KLTR) Q1 2026 Management View CEO Ron Yekutiel said the company “delivered a strong start to 2026,” citing outperformance versus the company’s own targets and “for the first time in our history, positive cash flow from operations in a first quarter,” while noting “total revenue was $44.6 million, down 5% year-over-year,” and “adjusted EBITDA was $5.7 million, up 37% year-over-year.” (Co-Founder, Chairman, President & CEO Ron Yekutiel) Yekutiel highlighted bookings mix and early AI demand, stating, “We closed 1 7-digit deal, 14 6-digit deals and 3 new AI-related deals,” and added that “gross retention improved to its highest level in the last 5 quarters,” while “net dollar retention continued to reflect the lagging impact of elevated media and telecom churn in 2025.” (CEO Yekutiel) On product, Yekutiel said Kaltura announced “the general availability of our conversational Avatar technology,” and said it moved “to general availability of our Avatar Video Production Studio,” positioning these as extensions of “Content Lab and Genie.” (CEO Yekutiel) On M&A and strategy, Yekutiel said, “We also completed the acquisition of PathFactory on April 1,” and framed the combined portfolio as “an AI-powered rich Agentic digital experience platform,” adding, “we…continue to expect revenue contribution from our new product portfolio to begin in the second half of the year with a more meaningful impact in 2027.” (CEO Yekutiel) CFO remarks emphasized the quarter’s outperformance and profitability focus: “we once again exceeded the high end of our guidance across all metrics… and generated for the first time, cash flow from operations in the first quarter of the year.” (EVP of FP&A and Interim Principal Financial Officer Liron Sharon) Outlook Management guided Q2 2026 total revenue of $45.2 million to $46 million and adjusted EBITDA of $2 million to $3 million, and guided Q2 subscription revenue of $43.3 million to $44.1 million. (Interim Principal Fin...
Japan’s foreign currency reserves at the end of April were largely unchanged from the previous month, likely an indication that currency intervention came too close to the end of the month to be reflected in the data. The country’s FX reserves stood at $1.17 trillion in April, largely unchanged from $1.16 trillion a month earlier, according to a Finance Ministry report released Tuesday. The data c...
Japan’s foreign currency reserves at the end of April were largely unchanged from the previous month, likely an indication that currency intervention came too close to the end of the month to be reflected in the data. The country’s FX reserves stood at $1.17 trillion in April, largely unchanged from $1.16 trillion a month earlier, according to a Finance Ministry report released Tuesday. The data came after Japan stepped into the currency market on April 30 to support the yen. A Bloomberg analysis of central bank account data suggested authorities spent as much as $34.5 billion on the operation. Tokyo is also suspected to have stepped into the market again in early May, with Bank of Japan data pointing to likely additional intervention activity of as much as $30.6 billion. In past interventions, Japan has financed its buying of yen by selling US Treasuries, moves that are reflected in monthly reserves data. But interventions conducted at the end of the month end may not appear until the following month. The release comes as US Treasury Secretary Scott Bessent visits Tokyo for meetings with Japanese leaders. Earlier this year, he warned Japanese counterparts that turbulence in Japan’s bond market could spill over into Treasuries, underscoring his sensitivity to large scale selling by foreign holders. Read more: Bessent’s Unprecedented Grasp on Japanese Policy Tests Takaichi Tuesday’s data showed foreign securities holdings at about $1 trillion, while foreign deposits stood at $162 billion. Both were largely unchanged from the previous month, suggesting neither of the government’s typical funding sources for currency intervention showed a significant drawdown. Federal Reserve custody figures earlier pointed to possible Treasury sales tied to Japan’s intervention operations. Marketable Treasury securities held by the Fed for foreign official and international accounts fell by $8.7 billion to $2.73 trillion in the week through May 6.