Kaleyra, Inc. Stock Price, News & Analysis

Kaleyra, Inc. (NYSE: KLR) plans to release its first quarter 2022 financial results on May 9, 2022, at 4:30 PM ET. The conference call will include a presentation by management followed by a Q&A session. Kaleyra is a provider of cloud communications software, serving over 3,800 clients globally, managing billions of messages monthly through its APIs and connectivity solutions. The call will be accessible via dial-in numbers and will also be streamed live online.

Kaleyra, Inc. (NYSE: KLR) announced initiatives to aid Ukrainian refugees amid the ongoing crisis. A team traveled over 1,900 kilometers to deliver essential supplies to refugees in Romania. The company is launching fundraising efforts to support the Ukrainian Red Cross Society and local NGOs. Additionally, Kaleyra will prioritize job openings for qualified Ukrainian refugees, offering fully remote positions to assist their recovery. CEO Dario Calogero emphasized the importance of immediate help and long-term recovery efforts for affected individuals.

Kaleyra, a cloud communications software provider, reported strong financial results for Q4 and FY 2021. Total revenue reached $267.7 million for the year, an 82% increase, with Q4 revenue at $90.0 million—a 103% growth year-over-year. Gross profit also surged, showing a 135% annual increase to $57.5 million, and a 169% rise in Q4 to $21.1 million. The company ended with a cash position of $97.9 million. Despite a net loss of $34.0 million for the year, adjusted EBITDA was positive at $18.6 million, reflecting operational growth.

Kaleyra, Inc. (NYSE: KLR, KLRWS) plans to report its fourth quarter and full year 2021 financial results on February 16, 2022, during a conference call at 4:30 p.m. ET. The company, a leader in cloud communications and CPaaS, serves over 3800 customers globally. Kaleyra's services include messaging, video, voice, and chatbots, handling billions of messages monthly through a secure platform with extensive operator connections.

Kaleyra, Inc. (NYSE: KLR) has partnered with Banca Sella, a prominent Italian bank, to launch an innovative video communication solution for its Sella Global Advisory wealth management platform. This integration enhances customer interactions by enabling virtual appointments through secure audio and video calls, reducing the need for in-person visits. Kaleyra's technology allows clients to manage assets in one application, facilitating document sharing and meeting scheduling without additional software. The collaboration demonstrates Kaleyra's commitment to providing trusted communication solutions in the financial sector.

Kaleyra, Inc. (NYSE: KLR, KLR WS) has reported significant operational achievements in 2021, including the acquisition of mGage and Bandyer, expanding its customer base and service capabilities. The company delivered 13.5 billion billable messages and 1.5 billion voice calls in Q3 2021. Kaleyra anticipates meeting or exceeding its revenue guidance for Q4 and the full year. Management expresses confidence in maintaining growth momentum in 2022, aided by increasing demand and new service offerings, with a focus on geographic expansion and enhanced omnichannel capabilities.

Kaleyra, Inc. (NYSE: KLR) has been instrumental in supporting India's burgeoning startup ecosystem in 2021, providing CPaaS solutions to 18 of the 42 newly minted unicorns, including Mobile Premier League and Vedantu. With over 75 unicorns and a startup valuation exceeding $260 billion, India has become a global leader in innovation. Kaleyra aims to leverage its robust customer base of 3,800+ companies and extensive API connectivity to capitalize on this growth. The increasing number of investors and incubators, which grew seven-fold from 2015 to 2021, signals further opportunities for Kaleyra's expansion.

Kaleyra, Inc. (NYSE: KLR) has launched RCS Broadcast Messages on its 'ComPro' platform, enhancing communication for businesses in the USA, UK, and India. This new feature enables rich media messaging, including images and videos, aimed at improving user engagement. The Company anticipates significant increases in open and click rates, with a notable example cited of a UK retailer achieving a 55% read rate. Kaleyra's capabilities are bolstered by its acquisition of mGage, aiming to expand its RCS offerings and partnerships in diverse markets.