Recap: Kaleyra Q1 Earnings

Kaleyra KLR reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:10 PM.

Here's what investors need to know about the announcement.

Kaleyra beat estimated earnings by 93.04%, reporting an EPS of $-0.08 versus an estimate of $-1.15.

Revenue was up $3.14 million from the same period last year.

Last quarter the company missed on EPS by $0.17 which was followed by a 20.93% drop in the share price the next day.

Here's a look at Kaleyra's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.18	-0.84	-0.67	-0.74
EPS Actual	-0.35	0.04	0	0.18
Revenue Estimate	87.49M	84.83M	81.37M	85.75M
Revenue Actual	93.66M	83.92M	81.11M	80.48M

To track all earnings releases for Kaleyra visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.