to and made a everyone the we you, a total the gradual the on rate quarter expected third forecasts. revenue loss forecasted all in up aggregate important and financial growth subscription improvement the $XX.X fueling in morning. forecasts. Thank adjusted return of $X.X revenue reaffirming $XX.X QX, million. X% higher of single-digit of EBITDA we million, EBITDA in in Adjusted call, to In operations joining from second flow cash X expected this improvements loss with an X% for thanks X and call our year. million, towards half expected single-digit year-over-year negative us significant reported year, growth quarter are last in cash Erica, XXXX of An this flow next of we year-over-year these a quarterly XXXX, Today, revenue Today, year-over-year. down for was for earnings
a we revenues, of revenue sequential After half QX, year and rate decline subscription since close an last in a followed growth that initial tough total at for a not first revenues year. growth. revenue flat saw level Regarding forecasting are to the seen that we by quarterly have
quarter, than reversal of is cost line a EBITDA with lower already recent Regarding profitability, we affected seen of only our while that the reduction to effects the our continue profitable we positive from flow to X in quarters cash this had an loss return the that plan to execute bottom regarding trend quarters. of in have last have expected the adjusted And The partially of a coming profitability in improvement operations continue growth. is flow, cash we the on to quarter. our as
challenging Today's bank advantages And mentioned, were expanding and is we're it signed that our were flexible, our as have consulting for utilized experiences to to services, new and and initial than employee of cost several bank holistically for online power are across Events loss as enterprise-grade remain half highlights and across third a funding. work X-digit many engagement, forecasted. of integrated companies, closed powering a offering ability platform consolidate engaging now to use this We viewership. year multiple and value requiring the banks video a services segments, transactions events. XXXX Kaltura. as beyond that Both is single-digit real-time and events, committed Asian would to growing We since well cash of from done expect live in with communication more customers up Kaltura TV partner streams the effectively internal them reduce cases and deals without be education. training, budgets importance customer. this Solutions climate the second and power flow have with technology economic our and is pharma, Companies manufacturing a that industries and Among that cases. company's external-facing demand across customer use use student company, flow cash to before Kaltura's we learning Kaltura the including previously quarter's leading their additional XXXX new the in financial tightly their vendors. which quarter, media single, the which integrated buyers, in We're to can on-demand, an In South and operations continuing aggregate all as as U.S. provide we American move seek rebalancing the business new with seeing
you incredible shall experience event the state second invested marketing which and exchange many, speakers, on the from Events, leaders us would many to and where more. Oracle, XX XX, Adobe, include Cisco, IBM, that are Salesforce, join live I listen professionals, registrants to our Those and will topic of lineup digital the interested on to like of remind of thousands leaders future AWS, events. event hybrid While conducting SAP, we thoughts annual Accenture, Airbnb, and virtually and online creators Google, November VMware already of Lenovo, and Microsoft, of be future on our to
On launch the version development of the biggest front, product offering. was the quarter our anticipated new this the Webinars of news
as Our also each publishing new version release includes branding the to as ability for advanced many webinar engagement well unique advanced The webinar recording rich sites with recording. analytics. coupled launch automatic as with for new as options well includes options
with available Our and both licenses. for new is available team personal for self-serve webinar self-assisted solution website our purchase packages through or
for orchestration easily set branded numbers up our layer offering to were centrally corporate recruitment learning and and user-friendly large hybrid events, more. development, manage and management enterprises can We also manage continued virtual and and advancing communications, our leverage comprehensive event to marketing, events of the platform
SMBs third-party During integration more for the quarter, we like user-friendly advancing management, in experiences with systems more analytics. invested Marketo, our simplifying advanced and event
richer We of for on-demand management also added functionality Events. the assets within
we them. macroeconomic diverse and market naturally the this headwinds of have of deal the closely and While offering half monitoring the robust We're also current year, size. exposed addressable which to areas and in product more a to increase Events especially second enables Webinars, our in are us of
delay In on more the return in growth, cash make customers line be back are to continue are in to impact have improving QX. seeing and summary, a return still exchange bottom to to flow our our the Beyond contributed we challenging averse negative risk we the to a on conditions and being while are more and spend continuing in valuation and holding growth foreign expecting extending macro rates, progress time. revenue their
for it need results our product video that We to solutions offering bring CFO, to growing Yaron, to and more continue growth. to turn I'll discuss our profitable believe that, robust our coupled With over financial us detail. with advanced Yaron? the in back will expanding