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Kaleyra, Inc. (NYSE: KLR) is a global leader in omnichannel integrated communication services. The company offers a suite of proprietary platforms that provide personalized communication solutions including messaging, video, push notifications, e-mail, voice-based services, and chatbots. Kaleyra's services are crucial for financial institutions, e-commerce platforms, healthcare providers, and other large-scale organizations worldwide.
Founded 24 years ago, Kaleyra has grown from a small Italian startup to a publicly listed company on the New York Stock Exchange. Recently, Kaleyra has entered into an agreement with Tata Communications, a global digital ecosystem enabler. The acquisition, valued at approximately $100 million, is expected to finalize within six to nine months. This merger will make Kaleyra a subsidiary of Tata Communications, significantly enhancing their market presence and technological capabilities.
Kaleyra has reported robust financial performance, with revenues reaching USD 339.2 million in 2022, marking a 26.7% increase from the previous year. This reflects the company’s effective strategies and expanding market reach.
Kaleyra's cutting-edge technology can manage billions of messages monthly, supported by over 1600 operator connections in more than 190 countries, including all tier-1 US carriers. The company's ability to handle such large-scale operations securely and efficiently makes it a significant player in the business communications sector.
The recent management changes at Kaleyra, including the resignation of Chief Product & Technology Officer Nicola Vitto and the continued leadership of CEO Dario Calogero, signal an exciting phase of transformation and growth. Kaleyra's latest partnership with stc Bahrain aims to enhance digital communication capabilities in the Middle East, showing their commitment to global expansion.
With Tata Communications’ extensive network and technological prowess, the combined entity aims to set new benchmarks in enterprise communications, leveraging Kaleyra's expertise in technology, engineering, and R&D. The collaboration promises to deliver innovative multi-channel communication solutions, propelling both companies toward new growth opportunities.
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.
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.
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.
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.
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.
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.
Kaleyra, Inc. (NYSE:KLR, NYSE American:KLR WS) has been invited to present at the 10th Annual Gateway Conference on
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.
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.
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