Kaleyra Inc. (KLR) Misses Q1 EPS by 19c, Revenues Miss; Affirms 2Q & FY21 Revenues Guidance Below Consensus
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Kaleyra Announces First Quarter Financial Results
May 10, 2021 4:15 PM EDTTotal first quarter revenue of $39.7 million, up 18% from the same period a year ago
Largest year-over-year gross profit increase as a public company, up 34% versus Q1 2020
Delivered 7.0 billion billable messages and connected 1.2 billion voice calls
Confirming the full year 2021 guidance with total revenue to be expected in the range of $183 $185 million
In the final stage of closing the acquisition of Mobile Messaging Solution Provider mGage for $215 million.
Kaleyra executed strategic capital issuances of a total of $325 million, consisting of $200... More
