Kalray : Several projects planned for 2024 to fuel growth, after 2023 missed guidance
>2023 EBITDA at -€ 1.1m thanks to control over operating costs - Kalray published this morning its FY 2023 earnings. As a reminder, 2023 revenues stood at € 25.8m, up 57% vs the 2022 figure at € 16.4m. Gross margin came in at 67%, up from 56% in 2022. EBITDA rose by € 1.6m to -€ 1.1m (vs. -€ 2.7m in 2022), slightly ahead of our expectations (ODDO BHF - € 1.8m est.) and ahead of the company's January 2024 estimates (halving the EBITDA loss compared with 2022). This i...Kalray SA is a France-based semiconductor and software company that develops and sells manycore processors. Its products include the Multi-Purpose Processor Array (MPPA) processor architecture (a family of programmable silicon devices), a software development kit, development platform and reference board. The Company provides manycore processors for low to medium volume embedded and acceleration applications. The Company's technology is the combination of the MPPA processor architecture and a software parallel programming solution MPPA ACCESSORE. Its products target the embedded computing market, including the imaging, medical and industrial sectors, telecommunication infrastructures, data security and network appliances, and transport and industrial automation.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.