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Kaleyra, Inc. - KLR STOCK NEWS

Welcome to our dedicated page for Kaleyra news (Ticker: KLR), a resource for investors and traders seeking the latest updates and insights on Kaleyra stock.

Kaleyra, Inc. (NYSE: KLR) provides essential investor updates for this global communication technology leader currently undergoing strategic acquisition by Tata Communications. This centralized hub aggregates official announcements, financial disclosures, and operational developments impacting KLR's market position.

Access real-time updates on the $100 million merger process, partnership expansions like the stc Bahrain collaboration, and leadership changes affecting corporate strategy. Track Kaleyra's progress in managing billions of secure monthly messages through its proprietary omnichannel platforms serving Fortune 500 clients worldwide.

Key content includes earnings reports, merger completion timelines, technology partnership announcements, and management team changes. All materials are sourced from verified corporate communications to ensure regulatory compliance and factual accuracy.

Bookmark this page for streamlined access to Kaleyra's evolving position in enterprise communications as it integrates with Tata's global digital infrastructure. Check regularly for updates on cross-border service expansions and post-merger operational developments.

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Kaleyra, a cloud communications software provider, will present at the Oppenheimer 24th Annual Technology Internet & Communications Conference on August 11th at 4:35 PM ET. CEO Dario Calogero and CFO Giacomo Dall’Aglio are scheduled to speak. A live webcast and replay will be available on Kaleyra's website. The company specializes in CPaaS solutions, managing billions of messages globally and providing services to financial institutions and enterprises in over 190 countries.

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Kaleyra, Inc. (NYSE: KLR) reported strong Q2 2021 results with revenue of $54 million, a 73% increase year-over-year, and gross profit up 140% to $10.5 million. The company's acquisition of mGage contributed $10.2 million in revenue for the quarter. Adjusted net income reached $0.5 million, marking a turnaround from a loss in the prior year. With guidance for Q3 revenue between $79.5 - $80.5 million and full-year revenue between $258 - $262 million, Kaleyra is optimistic about continued growth amid ongoing COVID-19 challenges.

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Kaleyra, Inc. (NYSE American: KLR) has announced the upcoming release of its second quarter 2021 financial results on August 9, 2021, before market opening. Following this, management will host an investor conference call at 8:00 AM EST to discuss the results, with a live webcast available on their website. Kaleyra specializes in cloud communications, providing APIs and connectivity solutions in the CPaaS market, managing billions of messages monthly across 190 countries. For more information, visit kaleyra.com.

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Kaleyra, Inc. (NYSE American: KLR) has acquired Bandyer, enhancing its mobile communication services with cloud-based audio/video capabilities. Bandyer specializes in providing customizable audio/video solutions for various sectors, including finance and healthcare, using WebRTC technology. This acquisition allows Kaleyra to offer a comprehensive suite for omnichannel customer engagement, incorporating AR and AI technologies. The move is part of Kaleyra’s ongoing strategy to expand its service offerings and strengthen its market position, particularly in the financial services sector.

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Kaleyra (NYSE: KLR) has announced financial guidance following the acquisition of mGage. For Q2 2021, total revenue is projected between $50.0 and $51.0 million, including mGage's contribution for June. Full year revenue guidance is set at $258 – $262 million, with contributions from mGage expected to enhance results. While the company faces a decrease in volume in Brazil and India due to pandemic issues, signs of recovery are noted in the US and Europe. Forward-looking statements indicate potential risks associated with market acceptance and integration challenges.

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Kaleyra, Inc. (NYSE: KLR) has successfully completed its acquisition of mGage for $215 million, comprising cash and stock. This strategic move positions Kaleyra as a top-5 global CPaaS platform, enhancing its messaging capabilities across various channels such as SMS and RCS. The deal is expected to increase Kaleyra's revenue guidance for Q2 2021 by $10-$11 million, bringing it to $50-$51 million. The acquisition will also expand Kaleyra’s customer base and strengthen its global connectivity, making it a significant player in the rapidly growing $26 billion CPaaS market.

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Kaleyra, Inc. (NYSE American: KLR) has been recognized as one of the top 10 chatbot solution providers in 2021 by CIO Applications. This recognition highlights Kaleyra’s innovative solutions that allow businesses to automate customer interactions effectively. The global chatbot market is projected to grow from USD 2.9 billion in 2020 to USD 10.5 billion by 2026, indicating significant growth potential in the sector. Kaleyra's CEO, Dario Calogero, emphasizes the transformative impact of AI-based chatbots on business communication.

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Kaleyra, Inc. (NYSE: KLR), a leading cloud communications provider, announces its executives will present at two notable investor conferences. The 16th Annual Needham Virtual Technology and Media Conference will take place on May 18 at 3:00 PM ET, featuring CEO Dario Calogero and CFO Giacomo Dall’Aglio. The Cowen 49th Annual TMT Conference is scheduled for June 3 at 8:30 AM ET. Investors can access a live webcast and a replay via Kaleyra’s website.

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Kaleyra, a cloud communications software provider, reported Q1 2021 revenues of $39.7 million, up 18% year-over-year. Gross profit reached $6.3 million, a 34% increase, while gross margin improved to 16%. Despite these gains, the company faced a net loss of $(10.4) million or $(0.34) per share, impacted by acquisition costs. Kaleyra plans to acquire mGage for $215 million, aiming to enhance its CPaaS market position. Guidance for Q2 2021 expects revenues between $40.0 - $41.0 million and full-year estimates between $183 - $185 million.

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Kaleyra, Inc. (NYSE American: KLR) will report its financial results for Q1 2021 on May 10, 2021, after market close. An investor conference call is scheduled for 5:00 p.m. EST to discuss these results, with a live webcast available on their investors' website. Kaleyra specializes in cloud communications, providing APIs and connectivity solutions, and manages billions of messages monthly across 190+ countries. This event will offer insights into the company's performance and future outlook.

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Kaleyra, Inc.

NYSE:KLR

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