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GOOGL - Kaleyra: Long-Term Thesis Fully Intact After Q3 But A Caution Flag For Q4
Alphabet Inc.
Kaleyra struggled on EPS in Q3; however, revenues recovered nicely.
The buy thesis is as strong as ever, with the company launching its campaign registry product, and it raised the revenue guidance for Q4 (with a caveat).
The partnership with Google is big news, not for the revenue it will generate, but the seal of approval it provides.