Kaleyra

Kaleyra, Inc. is a global group providing mobile communication services for financial institutions and enterprises of all sizes worldwide. Its proprietary platform manages multi-channel integrated communication services on a global scale, consisting of messages, push notifications, e-mail, instant messaging, voice services and chatbots. The company was founded by Dario Leopoldo Calogero in 1999 and is headquartered in New York, NY.

Earnings data Q2 2024

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Kaleyra, Inc. is a global group providing mobile communication services for financial institutions and enterprises of all sizes worldwide. Its proprietary platform manages multi-channel integrated communication services on a global scale, consisting of messages, push notifications, e-mail, instant messaging, voice services and chatbots. The company was founded by Dario Leopoldo Calogero in 1999 and is headquartered in Milan, Italy.

NEW YORK and MUMBAI, India , Oct. 5, 2023 /PRNewswire/ -- Tata Communications, a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra, Inc. (NYSE: KLR). On 28th June 2023 , Tata Communications had entered into a definitive agreement with Kaleyra, Inc. to acquire it through Tata Communications Limited.

Tata Communications completes acquisition of Kaleyra, a leading global CPaaS platform player

NEW YORK , Sept. 28, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) ("Kaleyra" or the "Company"), announced that at a special meeting of stockholders held earlier today, the stockholders of the Company have approved all proposals related to the proposed acquisition of the Company by Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited.

Kaleyra, Inc. Stockholders Approve Proposed Acquisition by Tata Communications Limited

Kaleyra To Support stc Bahrain's Enterprise Customers With Digital and Innovation Services  NEW YORK , Sept. 21, 2023 /PRNewswire/ --  Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a rapidly growing omnichannel business communications platform, announced today an exclusive partnership with stc Bahrain, a world-class digital enabler.

Kaleyra Appointed by stc Bahrain As Exclusive Omnichannel Partner

Kaleyra (KLR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Kaleyra (KLR) Surges 6.2%: Is This an Indication of Further Gains?

Special Meeting of Kaleyra Stockholders to be Held on September 28, 2023 NEW YORK , Sept. 20, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) ("Kaleyra" or the "Company"), a global omnichannel integrated communication services provider with a set of proprietary platforms, offering targeted personalisation through messaging, video, push notifications, e-mail and voice-based services, and chatbots, would like to remind stockholders that its Special Meeting of Stockholders (the "Special Meeting") to consider and vote on the adoption of the Agreement and Plan of Merger (the "Merger Agreement") entered into by the Company with Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited ("Tata Communications"), pursuant to which TC Delaware Technologies Inc., a Delaware corporation and wholly owned subsidiary of Tata Communications ("Merger Sub"), will merge with and into the Company, with the Company surviving as a wholly owned subsidiary of Tata Communications (the "Merger").

Kaleyra, Inc. Special Meeting Reminder and Announcement of Recommendations by ISS and Glass Lewis that Stockholders Vote FOR the Proposed Merger

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Kaleyra, Inc. (NYSE: KLR) to Tata Communications. Under the terms of the proposed transaction, shareholders of Kaleyra will receive $7.25 in cash for each share of Kaleyra that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the considera.

KALEYRA INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Kaleyra, Inc. - KLR

NEW YORK , Aug. 22, 2023 /PRNewswire/ -- Kaleyra, Inc.  (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a global CPaaS leader announced today a strategic collaboration in its partnership portfolio with Talisma Corporation, Pvt. Ltd, a leading provider of customer experience solutions based in Bangalore, India.

Kaleyra and Talisma Partner in India to Enhance Customer Experience with Real-Time Video and Co-Browsing

Kaleyra announces changes in the management team: Nicola Junior Vitto departure and new appointment of Mauro Carobene NEW YORK , Aug. 11, 2023 /PRNewswire/ --  Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), an enterprise Communication Platform as a Service (CPaaS), announces certain management changes.  As previously disclosed, on June 28, 2023, the Company entered into an Agreement and Plan of Merger (the "Merger Agreement") with Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited ("Tata Communications"), pursuant to which, at the closing, upon the terms and subject to the conditions set forth therein, a wholly owned subsidiary of Tata Communications will merge with and into the Company, with the Company surviving as a wholly owned subsidiary of Tata Communications.

Kaleyra Announces Changes in Management Team

Second Quarter Revenue Increased 7.0% to $86.8 Million Sequential Increase in Quarterly Adjusted EBITDA of $5.8 Million Improved Operating Expenses By 14% NEW YORK , Aug. 7, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a growing omnichannel business communications platform, reported financial results for the second quarter ended June 30, 2023.  Second Quarter 2023 Highlights On June 28, 2023, Tata Communications Limited agreed to acquire Kaleyra in a cash only transaction at a price per share of $7.25, representing 158% premium to the last 6 months average share price of $2.81, for a total consideration to Kaleyra shareholders of approximately USD $100 million and the assumption of all outstanding debt (approximately $154.7 million of net debt outstanding as of June 30, 2023).

Kaleyra Announces Second Quarter 2023 Results

NEW YORK , July 26, 2023 /PRNewswire/ -- Kaleyra , Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a rapidly growing omnichannel business communications platform, announced today that the WhatsApp Business Platform is now part of its omnichannel offering in the United States. Kaleyra has been a Solution Provider for the WhatsApp Business Platform since 2019, with successful implementations across sectors ranging from fintech to retail in India and Europe.

Kaleyra Brings WhatsApp Business Platform To US Solution Portfolio To Enhance Customer Engagement

MILWAUKEE , June 29, 2023 /PRNewswire/ -- Ademi LLP is investigating Kaleyra (NYSE: KLR) for possible breaches of fiduciary duty and other violations of law in its transaction with Tata Communications.  Click here to learn how to join the action https://www.ademilaw.com/case/kaleyra-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Kaleyra, Inc. has obtained a Fair Price in its transaction with Tata Communications

Against a muted midweek opening session, global communications platform Kaleyra (NYSE: KLR ) brightened the atmosphere, gaining about 40%. Early Wednesday morning, Tata Communications — an international digital ecosystem enabler and subsidiary of the Tata Group — announced that it will acquire Kaleyra.

Why Is Kaleyra (KLR) Stock Up 40% Today?

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Kaleyra, Inc. (NYSE: KLR) to Tata Communications for $7.25 per share is fair to Kaleyra shareholders. Halper Sadeh encourages Kaleyra shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Kaleyra and its board of dir.

KLR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Kaleyra, Inc. Is Fair to Shareholders

Acquisition Represents A Significant Premium Over Kaleyra's Last Closing Price NEW YORK and MUMBAI, India , June 28, 2023 /PRNewswire/ -- Tata Communications, a global digital ecosystem enabler, today announces it has entered into a definitive agreement through Tata Communications Limited to acquire Kaleyra, Inc. (NYSE: KLR) to empower global enterprises to offer personalised experiences to their customers.  Kaleyra is a global omnichannel integrated communication services provider with a set of proprietary platforms, offering targeted personalisation through messaging, video, push notifications, e-mail and voice-based services, and chatbots.

Tata Communications to Acquire Kaleyra, a Leading Global CPaaS Platform Player, in All Cash Transaction

Kaleyra (KLR) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Kaleyra (KLR) Shows Fast-paced Momentum But Is Still a Bargain Stock

NEW YORK , June 6, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a global CPaaS leader, has been positioned as a Major Player in the IDC MarketScape: Worldwide Communications Platform as a Service 2023 Vendor Assessment (doc #US50607923, May 2023). The IDC MarketScape reports provide in-depth evaluations of companies based on a range of criteria, including market presence, product portfolio, and customer satisfaction.

Kaleyra Recognized as a Major Player in the IDC MarketScape for CPaaS

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Kaleyra (KLR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Kaleyra (KLR)

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NEW YORK , May 15, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a rapidly growing omnichannel business communications platform, announced today management's participation at the 18th Annual Needham Technology & Media Conference, being held at the Intercontinental New York Times Square in New York City, from Tuesday, May 16, 2023, to Thursday, May 18, 2023. Management will present at the conference in-person on the afternoon of Tuesday, May 16, 2023.

Kaleyra to Present at the 18th Annual Needham Technology & Media Conference

Kaleyra, Inc. (NYSE:KLR ) Q1 2023 Earnings Conference Call May 10, 2023 4:30 PM ET Company Participants Shannon Devine - Investor Relations Dario Calogero - Chief Executive Officer & Director Giacomo Dall'Aglio - Executive Vice President, Chief Financial Officer & Principal Accounting Officer Conference Call Participants Vivek Palani - Northland Capital Operator Good afternoon. Welcome to Kaleyra's First Quarter 2023 Earnings Conference Call.

Kaleyra, Inc. (KLR) Q1 2023 Earnings Call Transcript

Kaleyra (KLR) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.49. This compares to loss of $1.09 per share a year ago.

Kaleyra (KLR) Reports Q1 Loss, Tops Revenue Estimates

First Quarter Revenue of $83.6 Million, Exceeds Upper Guidance Range, Record Gross Margin of 25.2% and Adjusted Gross Margin of 26.0% NEW YORK , May 10, 2023 /PRNewswire/ --  Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a growing omnichannel business communications platform, reported financial results for the first quarter ended March 31, 2023.  First Quarter 2023 Highlights Quarterly revenue of $83.6 million ($85.7 million on a constant currency basis), 94.8% of revenue is from customers on the platform for a minimum of one year Company record gross margin and adjusted gross margin of 25.2% and 26.0%, an increase from 22.0% and 24.0%, respectively, in the comparable year-ago period on improved product and geographic mix Quarterly gross profit and adjusted gross profit, a non-GAAP measurement of operating performance reconciled below, increased 19.0% to $21.1 million and 12.6% to $21.8 million from $17.7 million and $19.3 million, respectively, in the comparable year-ago period Quarterly operating expenses of $25.5 million decreased 7% or $1.9 million from $27.4 million in the comparable year-ago period Quarterly positive EBITDA of $83,000 , the first-time since Q4 2021, Company has reported positive EBITDA Strong balance sheet with $75.5 million in cash and cash equivalents, including restricted cash and short-term investments Delivered 11.7 billion messages and connected 2.2 billion voice calls in the first quarter of 2023 Launched its global messaging services on Oracle Cloud Infrastructure (OCI) and Kaleyra Video in the US starting from April 2023 Management Commentary "Our first quarter 2023 was highlighted by topline strength that exceeded the upper end of our guided range, record GAAP and adjusted gross margin and year over year growth in GAAP and adjusted gross profit.

Kaleyra Announces First Quarter 2023 Results

NEW YORK , May 4, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a rapidly growing omnichannel business communications platform, will hold a conference call on Wednesday, May 10, 2023, at 4:30 p.m. Eastern time (1:30 p.m.

Kaleyra to Report First Quarter 2023 Financial Results on Wednesday, May 10, 2023 at 4:30 p.m. ET

NEW YORK , April 6, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a rapidly growing omnichannel business communications platform, announced that on April 3, 2023, the Company received a written notice (the "Notice") from the New York Stock Exchange (the "NYSE") that the Company no longer satisfies the continued listing standards set forth under Section 802.01B of the NYSE's Listed Company Manual because the average market capitalization of the Company over a consecutive 30 trading-day period was less than $50 million and, at the same time, the Company's last reported stockholders' equity was less than $50 million (the "Market Capitalization Deficiency"). As of March 31, 2023, the 30 trading-day average market capitalization was approximately $31.5 million, and its last reported stockholders' equity was $42.2 million as of December 31, 2022.

Kaleyra Receives NYSE Non-Compliance Letter Regarding Market Capitalization Deficiency

NEW YORK , April 4, 2023 /PRNewswire/ --  Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), today announced that Kaleyra Video, an audio-video calling solution based on WebRTC technology, is now available in the United States. As a leading global CPaaS provider, Kaleyra has expanded WebRTC to the US market, offering enterprise brands an additional touchpoint to engage customers with personalized communications.

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