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.
Kaleyra, Inc. (NYSE: KLR) has formed a new partnership in the US with Trellance, a data analytics provider for credit unions. Through this collaboration, Kaleyra's innovation lab, k-lab, will develop communication solutions utilizing the Trellance M360 platform. This integration aims to address digital communication challenges and enhance member experiences through alerts and notifications. The partnership complements Kaleyra's existing agreements with Visa and Mastercard, reinforcing its commitment to financial services and innovative solution development.
Kaleyra, Inc. (NYSE:KLR) has entered into a strategic agreement with Visa to develop communication solutions for the Latin America and Caribbean region. Through its innovation lab, k-lab, Kaleyra will address digital communication challenges faced by Visa partners, enhancing customer experience with features like KYC streamlining and transaction reminders. CEO Dario Calogero emphasized the operational savings this partnership will provide to issuers, while Visa’s VP, Arnoldo Reyes, expressed excitement about integrating Kaleyra into their fintech ecosystem.
Kaleyra (NYSE: KLR) has signed a definitive agreement to acquire mGage for $215 million in cash and stock. mGage, a leading mobile messaging provider, enhances Kaleyra's capabilities in the cloud communications market, boasting a 20% revenue growth and a 30% gross margin. The deal, expected to close in Q2 2021, positions Kaleyra as a top-5 global CPaaS provider with significant market opportunities, especially as the CPaaS market is projected to reach $26 billion by 2025. Kaleyra aims to leverage mGage's technology and client base to boost revenue, projected at over $350 million for FY 2021.
Kaleyra (NYSE: KLR) reported strong Q4 2020 results, achieving a revenue of $44.3 million, up 24% year-over-year. Despite a net loss of $(4.5) million for the quarter, the company cited robust demand for its API solutions and recorded a 100% increase in voice calls connected. For the full year 2020, total revenue reached $147.4 million, marking a 14% increase, although net loss expanded to $(26.8) million. Looking ahead, Kaleyra projects Q1 2021 revenue between $40.5 and $41.5 million, and full-year 2021 revenue between $183 and $185 million, reflecting ongoing recovery in key markets.
Kaleyra, Inc. (NYSE American: KLR) has announced it will report its financial results for Q4 and full year 2020 on February 16, 2021, before market opening. The management will host an investor call at 8:00 a.m. EST to discuss these results, allowing for audience questions post-presentation. The call will be available via live webcast, with a replay accessible for two weeks thereafter. Kaleyra delivers secure APIs and connectivity solutions, managing billions of messages monthly across over 190 countries, enhancing communication services for global financial institutions and enterprises.
Kaleyra Inc. (KLR) has formed a strategic partnership with WebEngage, enhancing its cloud communication solutions with advanced marketing automation tools. This collaboration aims to improve customer engagement through omnichannel communications, utilizing platforms like SMS and WhatsApp. The partnership allows WebEngage to leverage Kaleyra’s services, creating a unified user experience and empowering brands to foster personal connections with consumers. Additionally, WebEngage joins Kaleyra's Partner Network, gaining access to over 3,500 global clients.
