Kaleyra Inc. (KLR) Reports Q2 Loss of $0.39 on Revenues of $31.2M
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Kaleyra, Inc., Reports Financial Results for the Second Quarter and Provides Outlook for the Second Half of Fiscal 2020
August 10, 2020 4:05 PM EDTRecovering from COVID-19 Impact, Kaleyra Forecasts Strong Revenue Growth and Improved Adjusted EBITDA Gains
Highlights
Overcoming the impact of COVID-19, total second quarter revenue of $31.2 million was up 1.1% from the same period a year ago and above the guidance range for the quarter Net loss for the second quarter was $8.1 million, or $(0.39) per share, with Adjusted EBITDA of $(0.3) million, including public company initial stock compensation plan expenses Entered into contracts with several of the worlds largest OTT (Over-the-Top) Internet media and... More