Kaleyra Inc. (KLR) Misses Q1 EPS by 10c, Offers Guidance

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Kaleyra Announces First Quarter 2022 Results

May 9, 2022 4:10 PM EDT

First Quarter Performance Highlighted by Meaningful Financial Enhancement Year-Over-Year with more than 100% Revenue Increase to $80.5 Million, 180% Gross Profit Increase to $17.7 Million and Nearly 200% Adjusted Gross Profit Increase to $19.3 Million

Quarterly Dollar-Based Net Expansion Rate of 130%, a Reflection of Growth Within Kaleyra's Existing Customer Base

Sets Second Quarter 2022 Revenue Outlook to Between $81 $83 Million, in Line with Standard Seasonality and Up 52% from $54 Million in the Second Quarter of Last Year. Amends Full Year 2022 Revenue Outlook to Between $360 $365 Million.

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