Kaleyra's Operational Momentum Sets Positive Outlook for 2022
NEW YORK and VIENNA, Va., Jan. 12, 2022 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) (NYSE American: KLR WS) ("Kaleyra" or the "Company"), a rapidly growing cloud communications software provider delivering a secure system of application programming interfaces (APIs) and connectivity solutions in the API/Communications Platform as a Service (CPaaS) market, has reported positive momentum positioning the Company for a strong 2022. The Company remains committed to its growth strategy initiatives and to becoming 'the trusted global CPaaS provider.'
Fourth Quarter and Full Year 2021 Operational Highlights
In 2021, Kaleyra achieved several operational milestones. The Company:
Building on its operational momentum exiting the fourth quarter of 2021, the Company believes it is well-positioned to continue its strong operating results throughout 2022. Growing demand in key expanding geographies, as well as continued development of new service offerings, supports the Company's growth expectations.
"When I founded Kaleyra, the CPaaS market was still in its infancy. At that time, we were focused on ubiquitous computing and mobile banking and financial services. Since then, not only have we expanded across four continents, but we've also evolved our expertise to include other industries with the most stringent quality of service and privacy requirements, such as technology, e-commerce, transportation, healthcare, and education. This work has earned Kaleyra the reputation of the 'Trusted CPaaS' in our sector.<>"As we look out into 2022 and beyond, we are encouraged that normal, pre-pandemic activity levels appear to be returning around the world, and that the CPaaS industry should persist with its traditional 25-30% annualized growth rates. The pandemic has reshaped the global CPaaS market landscape and accelerated the digital transformation of many industries; CPaaS is both full of geographic opportunities and ready for the adoption of new channels. Through our powerful set of APIs and omnichannel mobile services, we expect to continue supporting our partners as they engage and communicate with their audiences in new ways. Overall, we are confident that our business is poised to maintain the consistent organic growth that we've experienced in line with the CPaaS market over time, and that we're well on our way to validating the 'trusted, global CPaaS provider' label for our partners."
2021 Priority Initiatives
Further details and discussion on business and financial metrics will be included in the fourth quarter and fiscal year 2021 earnings release and conference call, which the Company expects to hold in the coming weeks.
Kaleyra today has a customer base of 3800+ companies spread around the world. Through its proprietary platform and robust APIs, Kaleyra manages multi-channel integrated communication services, consisting of messaging, rich messaging and instant messaging, video, push notifications, e-mail, voice services, and chatbots.
Kaleyra's technology makes it possible to safely and securely manage billions of messages monthly with over 1600 operator connections in 190+ countries, including all tier-1 US carriers.
All trademarks, service marks, and trade names of Kaleyra and its subsidiaries or affiliates used herein are trademarks, service marks, or registered trademarks of Kaleyra as noted herein. Any other company names mentioned herein are the trademarks and/or intellectual property of their respective owners.
Important Cautions Regarding Forward-Looking Statements
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