Welcome to our dedicated page for Kaleyra news (Ticker: KLR-WT), a resource for investors and traders seeking the latest updates and insights on Kaleyra stock.
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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) announced warrant repurchase agreements on August 25, 2021, with institutional investors. As part of these agreements, the company will repurchase 1,684,470 warrants for $3.25 each, totaling $5,474,525. This move aims to simplify the company's capital structure and reflects confidence in its long-term financial outlook, as stated by CEO Dario Calogero. The cancellation of these warrants indicates a strategic effort to enhance shareholder value.