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Kaleyra (KLR) Stock News, Aug-Dec 2021

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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.

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Kaleyra, a cloud communications software provider, reported strong financial results for Q3 2021, with revenue reaching $84.0 million, a 120% increase year-over-year. Gross profit soared 161% to $19.6 million, driven by successful integrations and organic growth. The company also uplisted to the NYSE under the symbol KLR. Despite the impressive growth, net loss widened to $11.9 million. Kaleyra raised its Q4 revenue guidance to $87.0 – $89.0 million, reflecting confidence in its growth strategy and market potential.

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Kaleyra, Inc. (NYSE: KLR) has appointed Gateway Investor Relations to enhance its investor relations initiatives, focusing on corporate messaging and strategic introductions to institutional investors. This move aims to support Kaleyra's goal of becoming a leading global CPaaS platform following major acquisitions and an NYSE uplisting. The CPaaS market is projected to triple in size over the next five years, driven by video conferencing and A2P messaging innovations. Kaleyra currently serves over 3,800 clients globally, offering a comprehensive suite of communication services through its robust API platform.

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Kaleyra, Inc. (NYSE: KLR, KLR-WS) announces a conference call scheduled for November 9, 2021, at 4:30 PM ET to discuss its third-quarter financial results for the period ending September 30, 2021. A press release with the financial outcomes will precede the call. Investors can participate via U.S. dial-in at 877-226-2890 or international dial-in at 416-981-0157. A live broadcast and replay will be available on their website. Kaleyra serves over 3,800 clients globally with advanced communication services.

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Kaleyra, a cloud communications software provider, has been recognized in Gartner's 'Market Guide for Communications Platform as a Service' as a Representative Vendor. This recognition highlights Kaleyra's extensive offerings, including SMS, RCS, MMS, and voice services, and its recent acquisition of mGage, enhancing its market position. The report suggests that enterprises increasingly prefer advanced messaging capabilities to engage customers effectively. Kaleyra aims to empower organizations by providing accessible communication tools for improving customer experiences.

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Kaleyra, Inc. (NYSE: KLR, WS) has appointed Mauro Carobene as the new Chief Business Officer, effective immediately. Carobene will spearhead the global expansion of Kaleyra's initiatives across various sectors, including banking, technology, and healthcare. He brings over two decades of experience in multinational companies, having previously served as Chief Revenue Officer at DigitalRoute. Kaleyra aims to leverage his leadership skills to enhance its presence and meet partner needs.

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Kaleyra (NYSE: KLR) supports Banca Widiba in launching a new video communication tool called Dialogue. This platform enhances customer interaction, merging remote and traditional banking by allowing direct video calls. It aims to fulfill evolving customer needs post-pandemic, ensuring high service quality. This strategic move is part of Banca Widiba's digital transformation, designed to improve customer experiences and interactions. Kaleyra's technology enables seamless communication across multiple channels for financial institutions worldwide.

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Kaleyra, Inc. (NYSE:KLR, NYSE American:KLR WS) has been invited to present at the 10th Annual Gateway Conference on September 9, 2021. Management will present at 7:30 a.m. Pacific time and participate in one-on-one meetings. The presentation will be available for live webcast. Kaleyra provides cloud communications solutions with over 3,800 customers worldwide, supporting multi-channel communications through robust APIs across 190+ countries.

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Kaleyra, Inc. has announced its uplisting to the New York Stock Exchange (NYSE) under the symbol KLR, effective August 31, 2021. This transition from NYSE American marks a significant milestone for the company, aimed at enhancing its corporate profile and expanding its market presence. Currently serving over 3,800 clients globally, Kaleyra is a prominent player in the cloud communications sector, managing billions of messages monthly across various platforms. The CEO, Dario Calogero, stressed the uplisting aligns with their ambition to lead in the CPaaS market.

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