Brief: Kaleyra Announces First Quarter 2023 Results

Kaleyra

10/05/2023 23:01

May 10 (Reuters) - Kaleyra Inc  KLR.N :
    * KALEYRA ANNOUNCES FIRST QUARTER 2023 RESULTS
    * QTRLY TOTAL REVENUE WAS $83.6 MILLION, AN INCREASE OF 3.9%
FROM
$80.5 MILLION IN COMPARABLE YEAR-AGO PERIOD
    * QTRLY NET LOSS TOTALED $10.0 MILLION, OR $0.76 PER SHARE
BASED
ON 13.0 MILLION WEIGHTED-AVERAGE SHARES OUTSTANDING
    * SEES Q2 2023 TOTAL REVENUE IS EXPECTED TO BE IN RANGE OF
$80 -
$84 MILLION
    * CONTINUES TO EXPECT TO SEE REVENUE GROWTH IN 2023 WHEN
COMPARED
TO 2022
    * QTRLY  ADJUSTED LOSS PER SHARE $0.08
    * Q1 EARNINGS PER SHARE VIEW $-1.16, REVENUE VIEW $78.9
MILLION --
REFINITIV IBES DATA
    * Q2 REVENUE VIEW $81.9 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn4TtkVSa 
Further company coverage:  KLR.N 

 ((Reuters.Briefs@thomsonreuters.com;))