Kaleyra Q2 EPS $(0.08), Sales $86.75M Up From $81.11M YoY
Portfolio Pulse from Benzinga Newsdesk
Kaleyra (AMEX:KLR) reported Q2 losses of $(0.08) per share, with sales of $86.75 million, a 6.96% increase from $81.11 million in the same period last year.
August 07, 2023 | 8:53 pm
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NEUTRAL IMPACT
Kaleyra reported Q2 losses but an increase in sales YoY. This mixed result could lead to uncertain market reactions.
Kaleyra's Q2 results show a loss per share, which is generally negative for the stock price. However, the increase in sales YoY is a positive sign, indicating growth. These mixed results could lead to an uncertain short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100