Brief: Kalray FY Revenue Up At EUR 25.8 Million

Kalray SA

11/01/2024 16:56

Jan 11 (Reuters) - Kalray SA  ALKAL.PA :
    * FY 2023 REVENUE OF EUR 25.8 MILLION, UP 57% FROM 2022;
    * POSTPONEMENT OF AN ORDER FOR EUR3 MILLION ORIGINALLY
SCHEDULED
FOR DECEMBER 2023, NOW EXPECTED IN JANUARY
    * VALIDATION OF QUALIFICATION PHASE OF KALRAY "JUMBO
CONTRACT" AND
LAUNCH OF PRE-PRODUCTION PHASE BY CUSTOMER WITH INITIAL ORDER OF
MORE THAN $1 MILLION RECEIVED AT END OF 2023
    * EBITDA LOSS EXPECTED TO BE HALVED IN 2023 COMPARED WITH
2022
    * STRONG GROWTH EXPECTED IN 2024 AT A LEVEL COMPARABLE TO
2023

Source text for Eikon:  ID:nACT83691 
Further company coverage:  ALKAL.PA 

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